bitcoin
Bitcoin (BTC) $ 98,141.29
ethereum
Ethereum (ETH) $ 3,489.20
tether
Tether (USDT) $ 0.998966
bnb
BNB (BNB) $ 703.27
usd-coin
USDC (USDC) $ 0.999576
xrp
XRP (XRP) $ 2.30
binance-usd
BUSD (BUSD) $ 0.988394
dogecoin
Dogecoin (DOGE) $ 0.33335
cardano
Cardano (ADA) $ 0.924916
solana
Solana (SOL) $ 198.87
matic-network
Polygon (MATIC) $ 0.520603
polkadot
Polkadot (DOT) $ 7.46
tron
TRON (TRX) $ 0.256558
bitcoin
Bitcoin (BTC) $ 98,141.29
ethereum
Ethereum (ETH) $ 3,489.20
tether
Tether (USDT) $ 0.998966
bnb
BNB (BNB) $ 703.27
usd-coin
USDC (USDC) $ 0.999576
xrp
XRP (XRP) $ 2.30
binance-usd
BUSD (BUSD) $ 0.988394
dogecoin
Dogecoin (DOGE) $ 0.33335
cardano
Cardano (ADA) $ 0.924916
solana
Solana (SOL) $ 198.87
matic-network
Polygon (MATIC) $ 0.520603
polkadot
Polkadot (DOT) $ 7.46
tron
TRON (TRX) $ 0.256558
More

    Flatcoiners ought to take a cue from TerraUSD's destiny

    Latest News

    The post-COVID-19 period has introduced the problem of inflation to the forefront, resulting in growing curiosity throughout the Web3 area for creating flatcoins, an in depth “cousin” of stablecoins designed to mitigate inflation threat.

    Many current flatcoins, like Terra’s TerraUSD (UST) stablecoin, are algorithmically backed and due to this fact function a stark reminder of the dangers related to algorithmic backing, as demonstrated by the collapse of LUNA and UST. So, whereas the concept behind flatcoins could seem interesting, they elevate important reservations conceptually and by way of design. In the end, the success of flatcoins will depend upon whether or not builders can ship on their promise.

    Frax white paper detailing its “stability” mechanism

    Peter Han holds a Ph.D. in finance from the College of Illinois Urbana-Champaign, concentrating in monetary intermediation and fintech, along with a grasp’s diploma in monetary engineering. He holds a BA in English and BS in arithmetic from China’s Tianjin College. He labored for PwC in Beijing earlier than becoming a member of IoTeX, the place his work focuses on tokenomics-related analysis geared toward enhancing IoTeX’s tokenomics design.

    Proceed Studying on Coin Telegraph

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