RE: Product backed Stable Coin
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Great informative post...
i like how you describe the different type of stable coins then we come with DEC and that is a bit different, is closed to an Algorithmic Stablecoin i reckon?
But clear enough we need a constant demand on DEC and constant burning of DEC in parts of the game will also help.
The hypothetical scenario we have seen enough of in the past years, let see if it can hold this time now the tokenomics are in a better position.
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I expect you remember what happened to Luna! Everyone's favorite algorithmic stable coin that was! Let's not go there! :)
Our concept is very sales oriented. We don't sale, we de-peg. It is that simple.
The only way we sale is if people want to buy something that is desirable to them. I don't want to be Captain Obvious here but obviously that is what I am doing! :)
I like the simplicity in it, make the experience fun and rewarding (not only monetary) and attract new/old players 😁