Welcome to the AmpleSense DAO Community Hub › Forums › Communicating Ample: Questions, Education and More › Is StableCredit Another Elastic Currency? › Reply To: Is StableCredit Another Elastic Currency?
MemberSeptember 11, 2020 at 22:08
It’s not elastic, but a sort of universal credit of sorts. Deposit anything in their AMM get a permissionless stablecoin in return.
Add a billion of assets, get a billion mcap of new stablecoins.