Mark Lamb (CoinFLEX) on crypto derivatives and stablecoins (EP.317)
On The Brink with Castle Island
Algarhythmic Stable Coins
The algarithmic stable coin is a very tricky thing to create. It's not that it's not worth a dollar, but's it's not even nessarily correlated to the dollar. The much easier set up is just backing it with something that's worth a dollar. Every repo position on coin flecks is always worth adollar.
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