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CityCash

This doc summarizes ideas for CityCash, a native stablecoin and payment token for the CityCoins Ecosystem.

**Note: this is a draft document and is subject to change. Nothing in here constitutes a formal community proposal.

Community Call Recordings

Key Questions:

  • Should each city have its own coin or should it look more of a federation?
  • How does the supply increase over time?
  • How might its growth reflect the strength of the local economy?
  • What are the design trade offs of algorithmic, collateralized, or over-collateralized stablecoins?
    • How might we combine elements of each to build a superior product?