I post some smart things, maybe some shitposts, but I love Ethereum, L2s, DeFi, and testing out new technologies
Stablecoins Keep Innovating
Over the last few months, there have been new stablecoin concepts that have been introduced into crypto. Previously, we have seen a few variations of stablecoins. Some examples are:DAIFRAXUSDCUSDtLUSDBUSDNot listed are many of the tokens that arose during the DeFi summer that were primarily “algorithmic stablecoins”; many of which were variations of Terra’s infamous UST (99%+ of which, ultimately failed). An algorithmic stablecoin is one that uses, to no surprise, an algorithm to attempt to k...
Stablecoins Keep Innovating
Over the last few months, there have been new stablecoin concepts that have been introduced into crypto. Previously, we have seen a few variations of stablecoins. Some examples are:DAIFRAXUSDCUSDtLUSDBUSDNot listed are many of the tokens that arose during the DeFi summer that were primarily “algorithmic stablecoins”; many of which were variations of Terra’s infamous UST (99%+ of which, ultimately failed). An algorithmic stablecoin is one that uses, to no surprise, an algorithm to attempt to k...
