Stablecoin Startup Liquidity Txais "Zero governance"

Coindesk announced on August 25 that Liquidy Coin Stabilization, which has not yet started, held a meeting on the concept of zero governance on August 19. The startup is known to generate a fixed amount, MINT, similar to MakerDAO, for the loan at lower tokens. However, the main difference from other DeFi operations is that Liquity smart contracts can be changed as needed, without the need for a board of directors. Liquity CEO Robert Bauke said they were moving away from MakerDAO, which would take at least administrative work and one more step than Reflexer Labs because not all metrics are controlled by algorithms.