Anatoly Yakovenko suggested a new stablecoin model managed by DAO.

TapChiBitcoin

2025-08-14 19:11:37

Anatoly Yakovenko, the founder of Solana, proposed a DeFi protocol for the issuance of RAI-style stablecoin to purchase additional collateral coins, which could be managed by a DAO to optimize market timing.

This idea is inspired by the mechanism of RAI launched in 2021 by Reflexer, adjusting the exchange rate instead of interest rates to balance supply and demand. The model aligns with the trend of DeFi 2.0 as real assets and tokenization systems become increasingly popular, aiming for sustainable yields rather than speculation, while leveraging on-chain data to enhance governance efficiency and market positioning.

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