Isn’t a stable coins value almost like collateralization of funds? Couldn’t amp collateralize a stablecoin to keep it pegged
That was literally terra lol.
Granted it's the other way around. AMP has utility via Flexa. Luna doesn't other than to counteract UST demand and supply strain
Sure its not the same. There would be no minting of new amp.
I don't think you need to mint in this case. You could employ collateral partitions to hold and release AMP as needed to keep the back toke. Stable
I would say Flexa is around because of AMP. Without AMP, there is no Flexa.
Yeah, if liq is too hard all the other network participants suffer as well though.
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