Is it possible to create algo stablecoin that doesn’t collapse? Ethereum co-founder has an answer
The recent Luna-Terra crash has led to tens of billions of dollars of losses, which has led to wide criticism of “algorithmic stablecoins” as a category, with many considering it to be a fundamentally flawed product. Ethereum co-founder Vitalik Buterin has shared two experiments on evaluating whether an algorithmic (algo) stablecoin is sustainable. In a […]
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