Vitalik Buterin Proposes Options-Based Framework to Replace Liquidations in Stablecoins on June 1

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On June 1, Ethereum co-founder Vitalik Buterin proposed a new framework for synthetic assets and stablecoins that eliminates risky liquidations by using only slow price feeds. Instead of borrowing against ETH, users split 1 ETH into two tokens that always add up to the same amount, with the system checking price only on a set future date to decide how the ETH is divided between them. Because the two pieces always total one whole, no debt can accumulate and no forced sell-offs are required. The proposal was co-reviewed by Vladimir Novakovski and Curve developers.
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