# kaal:claim:3402701-033

**Claim.** 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.

**Type.** design  **Support.** asserted

**Source quote.**

> 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, page 25

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

**Verify.** sha256 of source PDF `72ed2581b4cac2bd18a5b2640be959487a3cbc34c86ab5e5664924bcdb53c8e0` at https://raw.githubusercontent.com/wulfkaal/Academic-Papers/main/papers/pdf/Calcaterra%20et%20al.%20-%202019%20-%20Stable%20Cryptocurrencies%20-%20First%20Order%20Principles.pdf

**Topics.** governance-design, decentralization, dao, ai-and-agents, tokenomics

**Keywords.** sdao, governance, decentralized-autonomous-organization, monetary-policy

**Related claims.**

- extends: https://wulfkaal.github.io/claims/3396522-027

**Canonical form.** This markdown file is the canonical hashed representation of the claim. Its sha256 is the content hash used for attestation.