What to do when having FUD Stablecoin ?
Stablecoin classification 1.Stablecoin backed by Fiat (Centralized Stablecoin): This form Peg the reserve asset is Fiat (Usually USD) 2.Stablecoin is guaranteed by goods: This type of Peg vs 1 type of royalization (Gold, Silver....) 3.Stablecoin supported by cryptocurrency: This form uses Crypto as a reserve asset below the floor price. For example, MakerDao's DAI: mortgage $ 1500 to mint $ 1000 when the collateral falls below the floor price will be liquidated. 4.Stablecoin Algorithm: i...
What to do when having FUD Stablecoin ?
Stablecoin classification 1.Stablecoin backed by Fiat (Centralized Stablecoin): This form Peg the reserve asset is Fiat (Usually USD) 2.Stablecoin is guaranteed by goods: This type of Peg vs 1 type of royalization (Gold, Silver....) 3.Stablecoin supported by cryptocurrency: This form uses Crypto as a reserve asset below the floor price. For example, MakerDao's DAI: mortgage $ 1500 to mint $ 1000 when the collateral falls below the floor price will be liquidated. 4.Stablecoin Algorithm: i...
