004 - Liquity Review
Our ecosystem is built upon two fundamental pillars: Stablecoins and Oracles. However, achieving true decentralization in the realm of stablecoins remains a challenging feat. Nobody truly provides a decentralized stablecoin, for example: USDC and USDT are fully centralized, subject to the authority of centralized entities DAI Treasury is composed of ~80% of USDC or RWAs GHO is back with crypto collateral, operates under the governance of AAVE, so it’s subject to potential conflicts interest....