Vitalik's 2016 Reddit Post
Vitalik's 2016 Reddit Post Five Key Summarizations Of Vitalik's New DeFi Ideas At The Time Resolving existing problems Real-time Oracle + Compulsory Liquidation is a key risk in loans such as Aave. New structure: Option-based 1 Separated ETH into 'Stable Dollar Token' + 'ETH Rise Token'. Treat it like an option instead of a debt. Liquidation Complete Elimination Only the upside token is lost when the price falls → No liquidation bot or penalty. The protocol does not cause bad debt either. Simplifying Oracle Just one look at Expiry instead of real-time price feed → Forecast market style Orac…
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