Ethereum

2024

World

Coin

<ul class="news-points">
 <li>Ethereum’s founder suggests exploring non-USD-connected indices for RAI V2 to enhance stability and neutrality.</li>
 <li>Vitalik Buterin proposes index ideas, including World GDP and a weighted basket of world currencies.</li>
 <li>The crypto community responds with widespread approval and additional suggestions.</li>
</ul>
Reflexer Finance, the team behind RAI, the first non-pegged stable asset backed solely by Ethereum (ETH), recently solicited suggestions from the community on desired changes for a second version of RAI.
The inquiry piqued the interest of Ethereum’s founder, Vitalik Buterin, who <a href="https://coinedition.com/ethereum-founder-thinks-synchronous-atomic-composability-is-overrated/" rel="noopener noreferrer nofollow">offered his insights</a>. Buterin suggested exploring non-USD-connected indices to enhance RAI V2’s stability and neutrality. He outlined four key criteria for a good index: easily measurable, not too manipulable, credibly neutral, and reasonably stable.
<figure class="wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter">
 <div class="wp-block-embed__wrapper">
 <blockquote class="twitter-tweet" data-width="550" data-dnt="true">
 Explore non-USD-connected indices. A good index should be (i) easily measurable, (ii) not too manipulable, (iii) credibly neutral, (iv) reasonably stable. Random ideas: * World GDP * Weighted basket of world currencies * DAO manages a CPI-like basket— vitalik.eth (@VitalikButerin) <a href="https://twitter.com/VitalikButerin/status/1816723916108542065?ref_src=twsrc%5Etfw" target="_blank" rel="noopener noreferrer nofollow">July 26, 2024</a>
 </blockquote>
 <script async src="https://platform.twitter.com/widgets.js" charset="utf-8"></script>
 </div>
</figure>
Essentially, Buterin proposed diversifying away fro…
The post <a href="https://coinedition.com/reflexer-finance-crowdsources-ideas-for-rai-v2-buterin-suggests-non-usd-backing/" rel="noopener noreferrer nofollow">Reflexer Finance Crowdsources Ideas for RAI V2, Buterin Suggests Non-USD Backing</a> appeared first on <a href="https://coinedition.com" rel="noopener noreferrer nofollow">Coin Edition</a>.

Reflexer Finance Crowdsources Ideas for RAI V2, Buterin Suggests Non-USD Backing

Coin Edition

Andere artikelen gepubliceerd op 26 jul 2024

PCE Inflation: Wall Street & Economists Predict Fed Rate Cuts Timeline

Economy: The CAE Proposes Radical Measures to Reduce the French Public Deficit

Market Dip Cancelled as Bitcoin Rallies Faster Than Expected, Reversal in Play as Silver-Tongued ...

Senator Pulls Support from Elizabeth Warren's Crypto Crackdown Bill

Trump’s Role in Bitcoin’s Surge to $67K: A Game Changer for Investors?

Bitcoin ‘Trump pump’ potential matches key technical signal — Can BTC break $71.5K?

Meld je aan voor onze gratis nieuwsbrief voor dagelijkse crypto-updates!