Hey in recent, countless seigniorage algorithm stable coin makes me busy, and get some inspiration about interoperability 2.0 on CKB.
Seigniorage stable coin not only launch stable coin but issue Share(like stock)
and Bond (like bond), and the more exciting is that we could grab the interest from yield farming.
Why don’t we have the multi-chain assets farming seigniorage algorithm stablecoin on Nervos CKB ?
Yeap you must figure out that it is time to make some tricks here.
Absolutely, there are numerous things we could do based on interoperability 2.0 and the flexibility on CKB.
- Fork the staking contract from Basis.cash or synthitix with Polyjuice on CKB.( So does the stablecoin contract such as rebase)
- Using the ForceBridge to enable multi-chain assets to join this game.
- the pw-core must help the front-end make eth wallet accessible on this algorithm stablecoin.
- Proving three sUDTs: Nervos Cash; Nervos Share and Nervos Bond to keep pump it from market demand.
Nervos Cash is an algorithm stable coin followed by circulating supply like Basis cash and mith cash.
Nervos Cash Share is the sUDT that holders of which can claim Nervos Cash’s inflation when the network expands, and Nervos Cash Bonds could be purchased at a discount when the network is in contraction and can be redeemed for Nervos Cash when users exiting its deflationary phase. 
UI example ：
source : Mith.cash
Notice : the graphic is just the EXAMPLE INTERFACE, and it is not a ready project .So surely no assets I mentioned here have been issued on CKB, too.
Difficulties: how to make Nervos Cash charming?
There would be at least two difficulties if the seigniorage stable coin project showing up on other chains.
1. No one wants to hold altcoins on Nervos,Dot, and other Eth killer chain.
(Unless they could purchase the valuable asset for the shitcoin they earn. )
The real situation is that ppl don’t want to own the asset from other smart contract platforms, they only love ERC-token due to they could earn it and exchange them to a real stable coin like USDC or Dai.
That’s why most farming projects and their shitcoin died in short time on the other L1 .
2.The stability and paradox of algorithm stablecoin
The second is that the algorithm stablecoin is a fascinating monetary experiment though,it is still very tricky for its stabilility decided by how large the market cap of the stable coin it is.
Harder to cook on the chain except for Ethereum due to the ecosystem scale. Learn lots from this piece.
Again,thanks for the interoperability 2.0, it brings some differences to the algorithm stablecoin on Nervos. The asset on multi-chain could join the farming phenomenon finally.
Look forward to more ideas, feedback, and development if there are friends on CKB interested in it.
 the usage for Nervos Cash Share & Cash
 An early piece for stable coin
Next year,I will try to learn some code like Solidity and the front-end, hope I could contribute more.
Interoperability 2.0 is a unique weapon that only could be used by players on Nervos, though such players and Nervos platform are still in the early stage just like a young kid without the awareness of its talent.
Very appreciate Jan for the provide me some insights for rebase token
Let’s Keep going in 2021.
Be free to treat me a cup of coffee