a TLOS collateralized stablecoin? That'd incentivize some users to stay on native to gov as well.
That way users can still participate in defi protocols and collect rex
We have the same idea brian, I have suggested this as well
Telos Culture actually had a project come to us a couple months ago with a similar idea for Telos Native. We've been working with them on their messaging and are helping them create a worker proposal rn. We ran it by the TCD to make sure there's no overlap with sTLOS and are hoping to role out more details in the next week or two 🙂🍊
Very cool, my thought was if the protocol could manage funds of each user separately. User stakes into personal vault, that vault stakes into rex to earn yield. User can mint stablecoins against tlos The vault would gain the voting rights, but build an interface that gives the original staker the ability to vote using the vault weight / through the vault
The team has thought about a bunch of options but the solutions are either non-compliant with TBNOA or will be resource intensive. There's still a possibility they will look at it down the line if the community wants it.
Yeah the voting part is tough
We can Amend the TBNOA in a 12-day vote. It's made to be amended with new conditions and ideas.
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