If an idea is true, criticism will not destroy it, but strengthen it.There was a lot of social contagion on the timeline last month about uncollateralized stablecoins. Hello to the mob in advance. Beanstalk is a decentralized, credit based stablecoin protocol that does not depend on any form of collateral, endogenous or exogenous. If you aren't familiar with Beanstalk, here's a comprehensive guide. We saw the reflexive mechanisms of Terra that exacerbate bank runs play out in May. T...
