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RE: Is Basis Stablecoin the next Crypto Failure?

in #cryptocurrency7 years ago

Really great article. The most fascinating part of the Basis white paper is on page 18, in which they discuss pegging (at a future date) to an inflation based index. I haven't seen another stablecoin whitepaper explicitly address this issue and I just wrote a piece on it:

https://steemit.com/cryptocurrency/@olliesdad/the-most-revolutionary-concept-in-stablecoin-is-on-page-18

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Hi @olliesdad, I am also fascinated by Basis's plan. Based on page 18, it seems that they are trying to address the inflation issue. Nice to keep track about them :)