USM "minimalist decentralized stablecoin" nearing launch - Decentralized exchanges - Ethereum Research


    
    
  
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      USM "minimalist decentralized stablecoin" nearing launch
    


      
          
            
              
              
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                jacob-eliosoff
                
              

              



              
                  
                    December 2, 2020,  8:51pm
                  
                  

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              Just an update on the USM stablecoin project I’ve posted about here twice before: after a flurry of coding and refinements, this project is nearing launch.  The code is currently undergoing a security audit, and I’ve written a summary of the latest changes, mostly around 1. the oracle and 2. the “sliding-price” math: USM “minimalist stablecoin” part 3: uh this is happening guys.

This is a volunteer-run, open-source, not-for-profit collaboration, and for better or worse the smart contract will be governance-free - no admin keys.  So would be great to get any feedback from y’all now!  Thanks, stay tuned.

            


            
              

            

            
                

                      
                        USM "minimalist decentralized stablecoin" could use final feedback before v1 launch
                        

	
        
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