Empty Set Dollar (ESD) is a stablecoin and a reserve currency of DeFi. Managed by oracles with new protocol mechanics to overcome the disadvantages of other rebasing tokens.

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Empty Set Dollar

RT @eqparenthesis: With ESD, our goal was simply to create the best stablecoin.

We knew it wouldn't be perfect on the first try, it was mo…

With ESD, our goal was simply to create the best stablecoin.

We knew it wouldn't be perfect on the first try, it was more important to build an open platform for collective experimentation.

Couldn't be more excited about the vision Scott and Will have put forward. 🏦 https://t.co/nd1C9P4NzW

Will Price ⌐◨-◨

A vision for upgrading Empty Set Dollar  from @will__price and I.

It moves the DAO further down the path of being a Decentralized Reserve Bank. We aim for a decentralized stablecoin that is 10x capital efficient vs overcollaterized stablecoins.

https://t.co/S1UpJKp7NE