SafeDollar ‘stablecoin’ drops to $0 following DeFi exploit on Polygon

Re:SafeDollar ‘stablecoin’ drops to $0 following DeFi exploi... by w4llstr33t on Monday June 28, 2021 @09:12PM (#27670478)

> has nothing to do with upgradeable contracts.

Although the article is talking about the SafeDollar contract, there were some general points about crypto / blockchain in this thread that I was responding to. Tezos is one example that has on-chain governance, which is why I mentioned it.

If you want to provide more info about how the on-chain governance is really just done through soft forks, and why you think that's not innovative, I'd be curious to hear. I'm not huge on Tezos but I think they do some interesting things.

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Re:SafeDollar ‘stablecoin’ drops to $0 following DeFi exploi... by hanniabu on Tuesday June 29, 2021 @04:55PM (#27681610)

Tezor governance is for protocol upgrade. They vote and push them through as a soft fork. There's really nothing different there but they market it like it's something special. This has nothing to do with contract upgrades, although ethereum is at the forefront with having contracts that are upgradeable via DAO voting.

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Re:SafeDollar ‘stablecoin’ drops to $0 following DeFi exploi... by w4llstr33t on Wednesday June 30, 2021 @03:01PM (#27692265)

Thanks!

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