From c54cc71527bb2d0d0966d72aa889c0494bd21a56 Mon Sep 17 00:00:00 2001 From: ertosns Date: Sat, 18 Nov 2023 13:54:55 +0200 Subject: [PATCH] [research/stable] minor edit --- script/research/stable/README.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/script/research/stable/README.md b/script/research/stable/README.md index 740f37f1d07f..3e03efc494d3 100644 --- a/script/research/stable/README.md +++ b/script/research/stable/README.md @@ -36,7 +36,7 @@ Although price oracle can be challenging in anonymous exchange, renegade[^1] dar ## variable redemption price. -Pegging redemption price to 1 dollar is good for the time being for storing value in a low volatility coin as long as the dollar is holding value while can't be maintained for any fiat currency at time or erosion of dollar hegemony, alternatively redemption price can be set by feedback loop similar to Rai[^2] can help Nun hold value during times of high inflation of fiat currency. +Pegging redemption price to 1 dollar is good for the time being for storing value in a low volatility coin as long as the dollar is holding value, this assumption can't be maintained for any fiat currency at time of erosion of dollar hegemony, alternatively redemption price can be set by feedback loop similar to Rai[^2] can help Nun hold value during times of high inflation of fiat currency. [^1]: https://www.renegade.fi/whitepaper.pdf [^2]: https://raw.githubusercontent.com/reflexer-labs/whitepapers/master/English/rai-english.pdf