0 sats \ 1 reply \ @NachoKeys 24 Aug 2022 \ parent \ on: Ask SN: Decentralized stablecoins on lightning bitcoin
Thanks but I thought Terra/LUNA showed perils of algorithmic pegging? Someone figures out how to exploit something unforeseen and it's over.
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0 sats \ 0 replies \ @SHORT_TSLA 24 Aug 2022
Yes, but there are non-algorithmic overcollateralized stablecoins or semi-collateralized semi-algorithmic (like frax).
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