July 12, 2023: Risk Factors in Stablecoin Design 🪙🧑🎨
Or: Quantitatively debunking the Stablecoin Trilemma
You may have been wondering why I’ve been harping on this series of posts…
July 5, 2023: Stablecoin Decentralization 🔍💱
What is “decentralization?” In 2023 AD, there’s still not really a good answer. As BackTheBunnyis fond of saying, ask 10 people, and you’ll get 12 answers. crv.mktcap.eth is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber.
July 7, 2023: Stablecoin Pegs
Which stablecoin is best at keeping its peg?crv.mktcap.eth is a reader-supported publication. To receive new posts and support my work, consider becoming a free or paid subscriber. Congrats! You just opened a whole can of worms! It turns out, this is a very tough philosophical question, and the sort of question that Plato had little to say about.
July 10, 2023: Stablecoin Capital Efficiency 🪙🧮
“Stablecoin capital efficiency” sounds way more advanced than it actually is. It’s just how many dollars does it take to mint one dollar worth of stablecoins. If you’re minting stablecoins, you naturally prefer this to be as close to $1 as possible. If you have $1MM that could be earning ~5% interest in banks, a stablecoin that is only 50% capital effi…
To some extent, I’ve been crowdsourcing some level of QA. Publishing midwit takes so openly is a great way to get the many haters to attack any suspect facts and figures. This is important, because these data points will be a key part of our potentially controversial talk in ETH-CC next week.
So let’s slap it all together. For chads and stacies only… here is the quick preview of my ETH-CC talk. All others must instead wait for Paris next week.
