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With all the stable coin talk, and things being unpegged.

Isn’t a stable coins value almost like collateralization of funds? Couldn’t amp collateralize a stablecoin to keep it pegged

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That was literally terra lol.

Biggins
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

Naija 🦇🔊🪙
Granted it's the other way around. AMP has utility...

Sure its not the same. There would be no minting of new amp.

Biggins
Sure its not the same. There would be no minting o...

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

Naija 🦇🔊🪙
Granted it's the other way around. AMP has utility...

I would say Flexa is around because of AMP. Without AMP, there is no Flexa.

Naija 🦇🔊🪙
I don't think you need to mint in this case. You c...

Yeah, if liq is too hard all the other network participants suffer as well though.

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