Pinned Tweet
Contractibility is a less talked about stablecoin characteristic - it's not strictly necessary to construct something stable, but it can have drastic effects on end users.
What is contractibility? 🧵
This isn't to say nondeterminism is bad - this is probably the most exciting area of study in DeFi 🧠 - but it's still early and it's risky.
With ESD, our goal was simply to create the best stablecoin.
We knew it wouldn't be perfect on the first try, it was more important to build an open platform for collective experimentation.
Couldn't be more excited about the vision Scott and Will have put forward. 🏦
This quoted post is unavailable.
=) retweeted
🔗 emptyset.finance now links directly to the latest IPFS build.
døllar is a fully decentralized elastic-supply stablecoin.
1/3
project {∅}: døllar
github.com/emptysetsquad/dol…
its construction is an iteration on basis and its predecessors, aiming to solve core issues within their mechanics.
2/3


