Algorithmic stablecoins like Ampleforth, Basis Cash, Empty Set Dollar and Frax are all the rage…but do these ostensible “ponzi” games have have any lasting value? In Part 1 of our 2 part series, Mechanism Capital analyst Ben Simon(@benjaminsimon97) joins us in discussing:
The economic origins of algorithmic stablecoins
The main trade offs of algo stable models
How algo stables compare to other trustless stablecoins
Ampleforth vs. Basis Cash
Jason Choi (@MrJasonChoi). This show is not financial advice; show host and guest may hold some of the assets discussed.
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Published at Wed, 13 Jan 2021 23:29:00 +0000