I'M confused, how is this going to help mint millions

Question

Neutrino Protocol - Official group

Frank

I'M confused, how is this going to help mint millions

of usdn, and don't you think they will just mint some other stablecoin?

#cryptocurrency #english #neutrino

0

22.02.2022

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Martin WL · Accepted Answer

Locking is good. Either hard lock (can't unlock until a given time) or soft lock (you can unlock whenever you want, but with a price) like nsbt. It is the only way to provide decentralized solutions to problems that centralized assets can easily solve with centralized decisions. This is the price of decentralized assets. For who don't like that, can return to centralized assets. I also see good the team is experimenting with different locking dynamic. Decentralized assets are still experimental anywhere. Personally I like the update and it's spirit. It means more privileges and responsabilities for holders with compromise. And there is nothing in the update that could harm incentives to swap. They will still be there: price arbitrage. The difference is that only holders has now that privilege. And that responsability. Also, something that many people don't see, is that the era of free and easy money in crypto world is coming to an end. And tokens based on easy money and pyramidal schemes will not survive. I see many people here still with the chip of easy money.

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I'M confused, how is this going to help mint millions

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