GhostDAO Abandons Stablecoins for Native Assets After DAI and FRAX Issues
GhostDAO Abandons Stablecoins for Native Assets After DAI and FRAX Issues
👻 GhostDAO ditches stablecoins
GhostDAO announces major treasury pivot following centralization concerns with DAI and FRAX protocol challenges.
Key changes:
- Ditching stablecoins entirely from treasury
- Moving to native crypto assets instead
- Building multi-chain treasury structure
- Focus on inflation-resistant holdings
The shift represents a fundamental strategy change as the DAO seeks to create what they call an "anti-fragile" treasury model.
Background context: FRAX previously maintained stability during market volatility, with their stablecoin holding its peg and processing millions in liquidations without bad debt. However, recent developments have prompted ghostDAO to reconsider stablecoin exposure entirely.
Read full details: ghostDAO treasury backing
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