kaal:claim:3402701-033

Parameter and policy choices for a stable cryptocurrency should be made by a decentralized autonomous organization, the Stability DAO or SDAO, which functions as a transparent, decentralized, open analog of the US Federal Reserve.

Source quote, verbatim

Such choices need to be made by a decentralized autonomous organization, which we call the Stability DAO or SDAO

From

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies - First Order Principles (2019), 3.4.1 Features Subject to Monetary and Fiscal Policy, p. 25
https://ssrn.com/abstract=3402701 · source PDF

Cite as

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies - First Order Principles (2019). SSRN: https://ssrn.com/abstract=3402701

Classification

designsupport: assertedgovernance-designdecentralizationdaoai-and-agentstokenomics

Related claims

extends kaal:claim:3396522-027 Monetary policy for stable cryptocurrencies should combine hardcoded transparent rules with protocols enabling...

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