Why not just implement a straightforward 1:1 peg and brand it as MoZero? Simple, clean, and transparent. A direct collateralization model cuts through the complexity—no fancy mechanisms needed. Just lock the reserves, maintain the peg, done. Sometimes the best solution in crypto is the most straightforward one.
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NftBankruptcyClub
· 18h ago
Listen, I agree that the simpler the better, but how many truly simple solutions have been implemented in the crypto world? That said, 1:1 lock-up sounds great, but who will guarantee that the reserve funds are really there?
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PaperHandsCriminal
· 18h ago
A simple and straightforward plan sounds comfortable, but these days, anyone willing to bet 1:1 is dead.
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SchrodingerPrivateKey
· 19h ago
Well said, simplicity and straightforwardness are indeed the most effective, much more reliable than those flashy mechanisms.
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SillyWhale
· 19h ago
Sounds good, but this logic has been heard too many times in crypto... When it comes to execution, all kinds of unexpected issues arise.
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StablecoinGuardian
· 19h ago
Sounds good, but we've seen this trick so many times before, and it always ends in failure.
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ChainSpy
· 19h ago
Simple and straightforward, but does this really work? Feels like something is missing.
Why not just implement a straightforward 1:1 peg and brand it as MoZero? Simple, clean, and transparent. A direct collateralization model cuts through the complexity—no fancy mechanisms needed. Just lock the reserves, maintain the peg, done. Sometimes the best solution in crypto is the most straightforward one.