← Crypto & DePIN

Pegged-rate settlement with validators as oracles

Ask Akash: July updates on Stable Settlements? (Akash Network)

“The settlement could be just pegged to a currency of choice… the tenant could basically say I’m going to pay ten US dollars per month for this deployment and I’m going to use AKT to transact… and the rate is determined using a weighted average from validators — using validators as oracles.” — 00:01:24

Context: Design he says he described in the original Akash white paper years earlier; tenants and providers transact in dollar terms while AKT moves dynamically.

See it among all Crypto & DePIN predictions →