tracyspcy@lemmy.mlM to cryptocurrency@lemmy.ml · 3 years agoThe danger of algorithmic stablecoins. UST "Stablecoin" Loses Dollar Peg for Second Time in 48 Hours. UST sank as low as $0.68 today.finance.yahoo.comexternal-linkmessage-square2fedilinkarrow-up15arrow-down10
arrow-up15arrow-down1external-linkThe danger of algorithmic stablecoins. UST "Stablecoin" Loses Dollar Peg for Second Time in 48 Hours. UST sank as low as $0.68 today.finance.yahoo.comtracyspcy@lemmy.mlM to cryptocurrency@lemmy.ml · 3 years agomessage-square2fedilink
minus-squaretracyspcy@lemmy.mlOPMlinkfedilinkarrow-up1·3 years agoAgree. Now they’re trying to defend peg with borrowed Bitcoins. Questionable decentralization.
Agree. Now they’re trying to defend peg with borrowed Bitcoins. Questionable decentralization.