Re:Another stablecoin loses peg – DEI team working to restor...
by jMyles on Tuesday May 17, 2022 @09:23AM
(#31410175)
The "entire point"? What, in your mind, does redemption mean for an algo stable?
Obviously, as we've seen, algo stables are subject to their own engineered ponzinomics, but I don't think redemption is "the entire point", or even a cognizable concept.
Obviously, as we've seen, algo stables are subject to their own engineered ponzinomics, but I don't think redemption is "the entire point", or even a cognizable concept.