RickThrivingNow on Nostr: Galoy and Kollider and others use derivatives to provide stabilized sats exchange ...

Galoy and Kollider and others use derivatives to provide stabilized sats exchange rate. Stablesats for example tied to a fiat exchange rate. I hear from some I respect that this is really helpful in unbanked markets to meditate short term volatility.

I’d prefer such derivatives didn’t exist in the same way I’d prefer mosquitos didn’t exist. Unrealistic and how it is for me.