Quote from: kanmo on April 28, 2021, 07:45:21 PM

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?

There is obviously a paradigm shift from the Old model of stablecoin to a relatively new model with greater advantage. Standard protocol is actually becoming a force to reckon with because its real world usecase collaterized rebasable stablecoin feature. I am in for the IDO and expect to see it thrive in the stablecoin world.

The algorithm mechanism has tried many versions and technologies, and I believe that the standard will optimize the stablecoin algorithm mechanism of the previous four generations. IDO keeps paying attention, trust me