kaal:claim:3402701-037

No static set of rules can prevent the corruption that will eventually cause any stability design to fail, but a changing rule set administered by nimble governance can prevent that failure if enough resources reward anti-corruption effort.

No static set of rules can prevent the corruption that will eventually lead to the failure of any stability design. But a changing set of rules can prevent such failure

Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, Stable Cryptocurrencies - First Order Principles (2019), 3.4.4 Transcendental Values, p. 28
https://ssrn.com/abstract=3402701 · source PDF

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

• governance that devotes resources to detecting and rewarding anti-corruption effort

designsupport: arguedfailure: static-rulebook-failurefamily: rule-obsolescence-and-ossificationgovernance-design

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