8 ms·

Anyone interested in a precious metal backed stable coin plus yield? If yes, what can you bring to the table?

• snypher 9mo ago
  >backed >stable >yield You probably need to rethink this. Where would the yield come from? Who stores the gold? Where's the trust? Ok, we buy $1m in gold and issue the coins. Gold price tanks, what to do?
  • throwaway888666 9mo ago
    No I don't. PhD and MBA If you bring something to the table I would love to talk to you
  • wmf 9mo ago
    The price of the backing asset doesn't matter. 1 oz = 1 oz.