Topic: Building better-than-stable assets... (Read 21 times)
You’re absolutely right, stablecoins pegged to fiat are basically doomed to lose value over time because fiat itself keeps depreciating. DEUterium sounds like an intriguing alternative, especially with its focus on being stable to fiat while also exploring assets that can actually grow in value. The idea of “better-than-stable” coins is super interesting and could really change the game. I’d love to see how this develops.
The trouble with most so-called "stable coins" is that they are intended to be "stable" in fiat terms, which means they are actually intended to forever go down in value just like fiat does.
The Galactic Milieu on the other hand has for well over a decade now been working on prototyping "better than stable" coins.
If you look at http://galaxies.mygamesonline.org/deuterium.html you should be able to see, or maybe a better term would be to compute, that we seem to have succeeded rather well at creating in so-called "DEUterium" a commodity that tracks fiat quite well.
But as mentioned above tracking fiat simply means succeeding in going ever downward in value.
The more interesting aspect of that table is the assets along the top, which are actually only some of the early assets of like kind, newer ones have not been added to that particular table.
Notice that our stable-relative-to-fiat asset DEUterium actually goes downward in terms of the others (others except of course BTC, NMC and LTC which are sample assets to help calibrate the tables, not actual better-than-stable assets themselves except at least in bitcoin's case in average over time rather than continuing calculated value).
So far from this prototyping it does look like it is feasible to develop actual "better than stable" assets...
-MarkM-
The Galactic Milieu on the other hand has for well over a decade now been working on prototyping "better than stable" coins.
If you look at http://galaxies.mygamesonline.org/deuterium.html you should be able to see, or maybe a better term would be to compute, that we seem to have succeeded rather well at creating in so-called "DEUterium" a commodity that tracks fiat quite well.
But as mentioned above tracking fiat simply means succeeding in going ever downward in value.
The more interesting aspect of that table is the assets along the top, which are actually only some of the early assets of like kind, newer ones have not been added to that particular table.
Notice that our stable-relative-to-fiat asset DEUterium actually goes downward in terms of the others (others except of course BTC, NMC and LTC which are sample assets to help calibrate the tables, not actual better-than-stable assets themselves except at least in bitcoin's case in average over time rather than continuing calculated value).
So far from this prototyping it does look like it is feasible to develop actual "better than stable" assets...
-MarkM-
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