Unfortunately, you cannot create algorithms or incentives that can stop people from going against them when the shit hits the fan.

Algo stablecoins are ripe for exploitation, it's just the new grift to recycle capital within one chain and create fake volume and trades for your token.

If a 40 billion dollar liquidity pool with 1.5 billion bitcoin with pools of mixed stablecoins can't pull it off, then I think its safe to say this trend is done for.

This massive blow up is only going to see algo stablecoins regulated Janet Yellen has already spoken about it, Luna is the perfect reason to regulate this faux euro dollar market.

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