Quote from: Kemileye on April 28, 2021, 07:39:38 AM

Quote from: Iyanu14 on April 28, 2021, 05:42:07 AM

Algorithmic stablecoins will definitely replace USDT，I think

Faced with the unlimited issuance of USDT and there is no real collateral, USDT's financial report data is very questioned. No one can supervise whether he has complied with integrity.

At present, the BAGS I have seen has failed. Elastic supply AMPL has just launched its own governance token FORTH, which has launched on coinbase. The star project FEI finally caused a large number of miners to lose a lot of funds due to mistakes, and I also lost some money. Algorithmic stablecoins without collateral are very easy to fall into FOMO.

But,I think the partially collateralizable Terra, Standard, and Frax are gradually growing. The three token models(Share Stable Bond) are also verified to be successful. and now, Standard IDO is underway, should I consider continuing to invest in this track? Do you have any opinions?

Agree wit you , Algorithmic stablecoin has higher chance to fail and unable to hold the price because of FOMO. while collateralizable stable coin would be much more Safer!
i go with Standard protocol, they are polkadot granted project, looks promising and solid.

Yes, there is no stablecoin without collateral. New algorithms + collateral are the future of stablecoins, and standard they are doing these things. its Algorithm is better