Making a stablecoin
- Relative Stability: achored or pegged to the US Dollar.
- Use a Chainlink price feed.
- Set a function to exchange ETH & BTC -> $$$
- Stability Mechanism: Minting, algorithmic. Decentralized.
- People can only mint the stablecoin with enough collateral, coded directly into the protocol.
- Collateral: exogenous (crypto).
- wETH (wrapped ETH)
- wBTC (wrapped BTC)