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RE: Gravity: Stablecoin Solutions
So there's going to be several core MPA within Gravity, but no user created MPA?
Have you considered creating an oscillating MPA similar to Hertz?
So there's going to be several core MPA within Gravity, but no user created MPA?
Have you considered creating an oscillating MPA similar to Hertz?
Well, we will have user created MPA, so if you wish to create an oscillating MPA and get enough traction in the community for that, be our guest. However, all things in Gravity are geared toward ease of economic use, and for that reason we're sort of leaning toward a hybrid approach: MPA and off chain fiat collateral, that would allow to easily on and off ramp, but would most likely require KYC, if you wish to access it. The crypto side is same trustless & permissionless. And with some community run gates/bridges to Bitshares, this solution would benefit it as well. However, things are still in flux, so it is a bit early to talk about that.
Definitely an interesting idea do you have any kind of timescale goals? or is it a bit too early to say on that front?
You can see the Roadmap in our website: http://gravity.io
I understood everything you wrote
Nah I didn't....I was joking