
Reserve | GitHub.com/tbrent
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I love the idea! Feels like the first person to crack this could unlock something really valuable for society. In general it seems like there’s a two-sided marketplace: funders and bettors. The bettors need the funders in order for the experiment to happen — but what do the funders get in return? What’s the exchange? One thing I want to think more about is whether the funding side could benefit from the trading activity created by the bettors somehow. Or: maybe it’s important that the funding side ISN’T financialized. I’m trying to think of what else would motivate funders — what about letting past funders be the ones to nominate the next experiment? That seems like something people could get really excited about, especially in a world where there’s already lots of attention on the platform.
not hard, someone just needs to create a collateral plugin, something like this: https://github.com/reserve-protocol/protocol/blob/3.4.0/contracts/plugins/assets/frax-eth/SFraxEthCollateral.sol only tricky part is USD price. Would need do read out DEGEN price using an AMM TWAP and then convert to USD
or equivalently: get a chainlink-interface-adhering feed deployed
that’s it though! if you had the address of a $degen plugin you could deploy this RToken today