Post by @stani • Hey

Whats the max % of RWAs that a stablecoin should be backed with?

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If by RWA you mean USD (and other stablecoins backed by it) - imho not more than 5%. Gotta break free from TardFi 😄
Idk, but have you seen this model for a stablecoin being developed by IceWaterMoney -> https://medium.com/icewatermoney/a-four-token-stablecoin-model-b1c3520accd1
33% - that way if 💩 hits the fan like in 2008 then it wouldn’t be too terribly impactful. I fear we’ll have another if/when the world moves away from the USD as the global reserve.
liquidity rules all
3% or there about.
only Gyroscope Protocol mechanism is trustworthy at the moment to control the risk. RWA‘s are risky imo.
Depends on: 1) WRA's price volatility 2) Collateral ratio 3) Trust in the underlying RWA protocol 4) Willingness to depend on 3rd parties. Not accounting for the latter two aspects above: A.Tokenized T-Bills - close to 100%, could even be collateralized 1:1 B.Tokenized real estate - max 50% of all collateral, roughly C.Tokenized DJI or some other stock index (does not exist yet) - my gut says max 60-80%, to keep collateral ratio not too conservative. However, if we are talking about RWA % in collateral basket of GHO... 20-30% seems to manage risks well. Are you exploring ideas to use RWAs as collateral for GHO @stani?
Experiment with different percentages 0-100% then we’ll know what works best Or there might be use case/trade offs for different stables
Working on new stable ?
5%
Nothing is to be trusted in here
Such things only matter after legalized Patter after it's approval