dSentra is a RAI (reflexer.finance) community initiative that operates like a foundation, with the aim to support the development of the controlled peg stablecoins ecosystem, which we strongly consider to be satisfying the two required conditions of “basic availability” and “open access”, as per Angela Kallhoff’s alternative definition of public goods.
dSentra’s mission is to offer a way for GMDP protocols to natively incorporate Ethereun staking yields into their products/ecosystems in order to be more competitive compared to less decentralized options
dSentra’s thesis is that in order to increase decentralization within the Ethereum network, we need to MAXIMIZE the usage of GMDPs [governance minimized, decentralized protocols], specifically GMDPs that issue decentralized, uncensorable, stablecoins, like RAI, HAI and OpenDollar - these protocols constitute the core of the MoneyGod league, their products are also known as controlled peg stablecoins
Decentralization of the Ethereum network is THE endgame. Public goods should not suffer from under-production, tragedy of the commons or free rider exploits because of private [or certain groups] interest clashing with the general interest in the detriment of the public good itself (credible neutrality of block space)
experts and academics have contended that without a mechanism for collective action, public goods are at risk of being under-produced
iliquid staking token as collateral for GEB-based stablecoins protocols
dSentra’s proposal is about having a MoneyGod community owned, native staking derivative.
the product (iliquid staking collateral) offer GEB-based stablecoin issuing protocols a low tail risk collateral type that only require light governance for risk control
Links:
https://medium.com/@goron.dan/how-we-leverage-permissionless-staking-framework-in-dsentra-foundation-to-support-ethereum-9d28cdd7afc2
https://community.reflexer.finance/t/iliquid-staking-and-the-prospect-of-single-collateral-rai-v2/502