Nicola
Thu Sep 12 2024
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7 answers
1403
Why do algorithmic stablecoins fail?
Could you elaborate on the reasons behind the failure of algorithmic stablecoins? What are the key challenges they face that lead to their instability and eventual downfall? How do these factors compare to other types of stablecoins, such as those backed by fiat currencies or commodities? Additionally, what can be done to improve the stability and reliability of algorithmic stablecoins in the future?
Starlight
Wed Sep 11 2024
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6 answers
1817
How do algorithmic stablecoins make money?
Could you please elaborate on the mechanisms behind how algorithmic stablecoins generate revenue? Are there specific strategies or protocols they employ to maintain their pegged value while also generating profits for their creators or stakeholders? Additionally, how do these profits compare to traditional stablecoins that are backed by fiat currencies or other assets?
