[ 3 / biz / cgl / ck / diy / fa / ic / jp / lit / sci / vr / vt ] [ index / top / reports ] [ become a patron ] [ status ]
2023-11: Warosu is now out of extended maintenance.

/biz/ - Business & Finance

View post   
File: 5 KB, 600x600, 6CF638FD-C675-4C9A-9C36-48ECC640CB08.png [View same] [iqdb] [saucenao] [google]
30438710 No.30438710 [Reply] [Original]

Ok can we have an actual discussion of the economics of RSR? Because they make no sense to me.

RSV is the stablecoin backed by RSR. But RSR only has value if arbitration opportunities exist. And arbitration opportunities mean that there is friction somewhere in the system. RSV holders want there to be as little friction as possible.

If RSV is a efficient currency that means no arbitrage opportunities exist, so RSR has no value. And therefore is backed by nothing by the protocols collateral assets, which makes it no different than DAI.

Not to mention tokenizing real world assets is a retarded idea because it becomes inherently censorable like tether.

>> No.30439866

>>30438710
>RSV holders want there to be as little friction as possible.
They'll put up with it because the alternatives are worse.