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Letting users have the choice of currency is in the spirit of decentralization. I should, ideally be able to buy in any currency of my choice with a single click conversion being carried out at the backend.
To simplify UI, this could be done with 2 steps:
Step 1: In my Profile Settings, I could shortlist 5-10 currencies (ETH, WETH, MATIC, WMATIC, USDC, AAVE, LINK etc) - Here, you can show the most commonly used currencies first
Step 2: At PoS, it should show me the chosen currencies in a drop down
For the seller:
Step 1: Shortlist the currencies I wish to accept in my Profile Settings
Step2: Set the value in those terms & receive the currency of my choice.
Pegged Value should be independent of choice of Currency. All Swaps should be under the hood
Thank you Moe! You make Spaces on Decentralized Social Media possible
Guys who lie & guys who have double standards! 🚩🚩