This is a 1 sip of lukewarm coffee gmgm idea. Please let me know if this conversation already happened in MiCA context.
It has always struck me as an abdication of sovereignity of Gnosis to Maker to have DAI as the super user operating as root over this ecosystem. There have been some discussions recently around changing that; but what would be a lot more beneficial is for Gnosis chain to give up the american US dollar to favor eurozone integration. Some reasons:
- Majority of stakeholders are (or at least seem to me to be) EU community constituents.
- MiCA USD stablecoin(s) limitations can potentially affect the network and its sustainability.
It would at such make more sense to benefit from popularizing Circle EUR (or any other vendor or a natively issued EU bank EUR basket - potentially getting yield for it) than incentivising use of high friction USD.
I do believe this can be a strong differentiator and cornerstone to resilient and tangible network effects.
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