BlockBeats News, January 11th, Vitalik posted that the current crypto industry needs better decentralized stablecoins, and there are still three issues to be addressed:
· Ideally, a more suitable tracking index than the US dollar price should be found: one of the visions of national-level resistance is to eliminate dependence on the US dollar price.
· Decentralized and attack-resistant oracle design: if oracles can be bought out by large funds, the protocol can only defend against attacks by extracting high value, making attack costs higher than the protocol’s market cap.
· Addressing staking yield competition issues: if stablecoins cannot offer competitive yields (currently lagging behind staking yields by a few percentage points), it will be difficult to attract funds in the long term.
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