Do Kwon 🌕 on Twitter: "@CryptoMonhi @MakerDAO @synthetix

Do Kwon

@stablekwon

Aug 19, 2020

Alright, so we're bringing

@terra_money

stablecoins to Ethereum, and here's why 👇

297

is the only real decentralized stablecoin on Ethereum (plenty of literature on why stablecoins are better decentralized), but it has severe issues scaling: its stablecoins are a byproduct of ETH leverage, not the end in and of itself:

cointelegraph.com

Network Effect at Risk? Why 50% of DAI Locked in Compound Is a Concern

New data shows more than 50% of DAI is locked in Compound and this raises concerns about DAI’s long term prospects

You missed $sUSD and

other synthetic stablecoins.

Replying to

and

Good call

3:00 AM · Aug 20, 2020Twitter for iPhone

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