Stablecoins keep your funds steady, but what if the fiat itself isn’t so stable? ?? ? Enter Flatcoins—a new class of stable assets designed to track inflation and preserve purchasing power over time. ?? Swipe to know more about Flatcoins??
Read the blog, Sankrit. Taking it with a 'fist full of salt.' The peg looks either based on abstract idea of inflation ( index varies from country to country. We would still be indirectly pegging it to the dollar?) or to an index fund ( a security? Tokenized equity?). Overcollateralized? (Is a debt instrument?)? Etc. Maybe, my idea of money is so bound by conventional fiat and fear of LUNA like catastrophes that I am not fully convinced with the idea of flatcoins. Will read their whitepapers. But thanks for introducing an entirely new concept. Was intrigued and hooked till the end. ??
isn't it the same way they print more paper notes? ??
?? Read the complete blog on ?? https://transak.com/blog/what-is-flatcoin-crypto