# kaal:claim:3402701-037

**Claim.** 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.

**Type.** design  **Support.** argued

**Holds when.**

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

**Source quote.**

> 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

**From.** Craig Calcaterra, Wulf A. Kaal, Vadhindran K. Rao, *Stable Cryptocurrencies - First Order Principles* (2019), 3.4.4 Transcendental Values, page 28

**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

**Failure mode.** static-rulebook-failure  (family: rule-obsolescence-and-ossification)

**Topics.** governance-design

**Keywords.** governance, corruption, adaptive-rules, stability-design

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