iirc, MakerDAO was originally going to peg itself to the IMF's SDR, which is a basket of multiple currencies regularly rebalanced to achieve "universal" stabili

iirc, MakerDAO was originally going to peg itself to the IMF's SDR, which is a basket of multiple currencies regularly rebalanced to achieve "universal" stability[1]. They then decided to peg to the USD to please traders, who measure in USD. But I understand it's indeed a long term goal to peg to a more stable asset. The underlying mechanism should stay the same. [1]: https://www.imf.org/external/np/exr/faq/sdrallocfaqs.htm https://www.imf.org/external/np/exr/faq/sdrallocfaqs.htm