Stablecoins today either:
– Need 100% reserves (like USDC, which is slow and expensive), or
– Try algorithms that often break during panic (like Terra).
@TheFedzNFT is changing that.
It uses incentives and game mechanics to reward good behavior and punish panic exits.
That’s the big idea:
→ People behave better when their incentives are aligned.
$FUSD on the Fedz is a synthetic dollar not backed 1:1, but designed to be resilient.
✨ You can’t mint $FUSD unless you first provide liquidity
✨ That liquidity gets partially locked, so you can’t just exit on a whim
✨ You earn sbFUSD (a staking buffer), then burn it 1:1 to print $FUSD
✨ Only NFT holders can govern and print, everyone else just uses it
📍 Why does this matter?
Because bank runs don’t happen when everyone’s aligned.
Money needs trust and in crypto, trust comes from code, not banks.
✅ Incentive-backed stablecoins:
– Reward those who support the system
– Are more transparent and decentralized
– Adapt in real time through community input
And $FUSD might be the first to prove it
8.48K
162
The content on this page is provided by third parties. Unless otherwise stated, OKX TR is not the author of the cited article(s) and does not claim any copyright in the materials. The content is provided for informational purposes only and does not represent the views of OKX TR. It is not intended to be an endorsement of any kind and should not be considered investment advice or a solicitation to buy or sell digital assets. To the extent generative AI is utilized to provide summaries or other information, such AI generated content may be inaccurate or inconsistent. Please read the linked article for more details and information. OKX TR is not responsible for content hosted on third party sites. Digital asset holdings, including stablecoins and NFTs, involve a high degree of risk and can fluctuate greatly. You should carefully consider whether trading or holding digital assets is suitable for you in light of your financial condition.