How to create algo stablecoins that don’t turn into Ponzis or collapse -Breaking
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Buterin: How to create algo stablecoins that don’t turn into Ponzis or collapseVitalik Buterin, cofounder of the company has presented two ideas on how to determine whether an algorithmic or (algo-) is valid. The stablecoinIt is durable.
Buterin’s comments were sparked by The multi-billion dollar bill Losses caused by Collapse of the ecosystemand TerraUSD (UST), its stablecoin.
1: Can the stablecoin ‘wind down’ to zero users?
2. Negative interest rate option is required
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