Decentralized Money in the Cosmos Ecosystem

https://twitter.com/CosmKopernikus/status/1617945588783546368

This thread is a deep dive into stablecoins (like $USDC, $USK, etc.) and liquid staking derivatives (like $stATOM) in the Cosmos Ecosystem. And it wants to explore how we can leverage LSD’s and CDPs to create truly native and decentralized stablecoins in the Cosmos.

It would be interesting to hear how you think about centralized stablecoins in the Ethereum ecosystem and about the proposed pricing mechanism in the thread.

https://preview.redd.it/e35lt6vvr1ea1.png?width=1600&format=png&auto=webp&s=c32d68038eb83599928e0bf5100230d906d0f62d

submitted by /u/germancryptokid
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