Polkadot Decoded: Building Algorithmic Stablecoin at the Highest Standard





Speaker: Hyungsuk Kang, Developer, Standard protocol
Moderator: Phil Lucsok, Ecosystem Communications Manager, Parity Technologies

POLKADOT DECODED is a virtual conference for the Polkadot community, featuring talks and workshops on all things Polkadot.

Presentation summary:
Algorithmic stablecoins are everywhere, but they have their own problems. Pegging ones turns out to have premined assets, farming ones cannot do anything than just printing money without sustainability. Amplforth seems great with its engineered elastic supply, but it just sucks to see a balance is changed time to time. Standard proposes a new way of algorithmic stability with what a blockchain can do its best; providing mutual trust with the code. Check how it operates with collateralization and decentralized liquidation.

____

Learn more about Polkadot at and on our social channels 👇

Join the discussion on:
Discord:
Element:
Follow on Twitter:
Join the subreddit:

Subscribe to the newsletter:
Polkadot Lightpaper:
Polkadot Wiki:
Polkadot Ambassador Program:

source

Leave a Reply

Your email address will not be published. Required fields are marked *