Replying to Avatar Lethal Lee

I’m not sure about Cashu, but a friend of mine works on the Fedimint project. Another eCash system built on top of bitcoin.

I asked him if the Mint sets the monetary policy, and he said it’s hard carded to 1:1 with sats. So no fraction reserve mint.

You can redeem your tokens, your authorization to a claim on sats, for hard sats.

Here is the docs, if you’re curious:

https://fedimint.org/docs/category/primer

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pam 2y ago

thanks for sharing! I was thinking of the 1:1 exchange as well. I took a cursory glance, will go through in detail - but just very quickly, very well written explanation.

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