• shortwavesurfer@lemmy.zip
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    7 months ago

    So far at least no algorithmic stablecoin has properly functioned for any length of time. Take a look at the Terra Luna crash for just the largest example.

    • demesisx@infosec.pub
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      7 months ago

      Thats actually 100% false.

      Sounds like you did 0 research on this topic and just parroted old news.

      DJED seems to have escaped your notice. It has been humming along without incident for a full year now.

        • demesisx@infosec.pub
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          7 months ago

          No problem. Thanks for being intellectually honest! I’ll file down the claws in my previous reply. :)