Reserve – A flexible pool of stablecoins designed to reduce risk
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Re: Reserve – A flexible pool of stablecoins designed to reduce risk
#2Oh, is this what Leverage Research turned into? Interesting.
Re: Reserve – A flexible pool of stablecoins designed to reduce risk
#3What is it running on top of (Ethereum, its own blockchain)? Is it similar to MakerDAO?
Re: Reserve – A flexible pool of stablecoins designed to reduce risk
#4What is it running on top of (Ethereum, its own blockchain)? Is it similar to MakerDAO?
> Initially we are developing on the Ethereum Network but ultimately we expect two-way bridges to enable complete interoperability of the Reserve token across all major smart contract platforms.
Re: Reserve – A flexible pool of stablecoins designed to reduce risk
#5What is it running on top of (Ethereum, its own blockchain)? Is it similar to MakerDAO?
> Initially we are developing on the Ethereum Network but ultimately we expect two-way bridges to enable complete interoperability of the Reserve token across all major smart contract platforms.
Then it would be very similar to MakerDAO?
Re: Reserve – A flexible pool of stablecoins designed to reduce risk
#6What is it running on top of (Ethereum, its own blockchain)? Is it similar to MakerDAO?
Its on Ethereum (guessing from the metamask client).
It's nothing fancy its like an SDR for cryptocurrencies[0]
Re: Reserve – A flexible pool of stablecoins designed to reduce risk
#7Nice, I hope it gets to the point when it can leave Ethereum.
Re: Reserve – A flexible pool of stablecoins designed to reduce risk
#8I'm surprised that being associated with Coinbase (of "we're NOT going to agree that black lives matter, so stop asking already" fame) and the giant scam
that is USDT is not regarded yet by these people as reputation damage.
Re: Reserve – A flexible pool of stablecoins designed to reduce risk
#9I had this rather simple idea the other day: Why not create an artificial index over the last X days and trade that instead? No matter how crazy the price changes of a crypto coin are, the X day average will always be dampened because today's changes will only be 1/X of the change of the average.
Re: Reserve – A flexible pool of stablecoins designed to reduce risk
#10When it removes the peg to the dollar, how it's supposed to be stabilized? "bunch of random collateral" isn't quite convincing. How are people going to trust that the collateral, like tokenized bonds, are actually valuable? I'm not going to trust such a system. Money based on trust is dead.
The only purpose of this currency is to enrich those who invented it.