#卡尔达诺稳定币提案 The Cardano community has been having heated discussions recently, with the focus on the stablecoin proposal. This is not mere speculation but is based on rigorous DeFi logic.

In simple terms, the proposal aims to issue a stablecoin pegged to the US dollar, the name hasn't been decided yet, but the idea is clear: to achieve value stability through over-collateralizing ADA. This involves the concept of CDP (Collateralized Debt Position), somewhat similar to MakerDAO's DAI, where users can collateralize ADA to generate this stablecoin.

But here's the problem: what happens if the price of ADA drops and the collateral is insufficient? The proposal includes a liquidation mechanism, which essentially means forcibly selling a portion of the collateralized ADA to repay the debt, ensuring the value of the stablecoin. This involves oracles to feed prices, ensuring the accuracy of the liquidation price.