I am definitely intrigued by the idea of a crypto stablecoin. Would validators need the exact recipe to get one of these coins? For example, would they always need BTC, ETH, and XMR? If so, this might create a slight roadblock for validators who want to sweep up all sorts of dust, including BUSD, BNB, and MATIC.
I wonder if users would like a choice between converting dust into the crypto-pegged coin, or into PRV, similar to how Crypto.com allows users to choose between CRO and MCO. I personally like the option of converting to PRV, as I feel every last particle counts. Looking at how the staking pool calculates earnings, it gets down to one billionths of a coin. That’s impressive. If I could easily turn one billionth of a Bitcoin and of a BUSD into PRV, and then stake that PRV, I would consider doing that.
But I think a second option of a crypto-pegged coin, pegged to a basket of assets, would also be very attractive. I think users would like anything Incognito could do to breathe life and value back into the dust.