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RE: RE: Best algorithmic stablecoin in 2022

avatar of @forexbrokr
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forexbrokr.
@forexbrokr
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1 min read

It's not like Justin Sun who decided to make a copy of UST and try to attract people.

This made me lol.

Justin Sun's USDD should not ever be muttered in the same breath as truly decentralised algorithmic stablecoins like HBD.

I've written about the fact it is nothing more than his exit scam for TRON and honestly can't believe that the media still give that criminal air time.

Oh well, controversy gets clicks I guess...

At the same time, stablizer and Defi pools are doing a decent job of keeping prices as close to $1 as they can.

Bringing it back to our own HBD, yep I agree that we're doing a good job building the liquidity required to go mainstream.

Thanks for mentioning the stabiliser which is a good start, but not sure how scalable it really is.

We need to incentivise serious liquidity and that's why I'm so proud of what the LeoFinance team are doing on Cub Finance.

Ensuring that the payouts on stable LPs including HBD over 30% is super hard to ignore!

Posted Using LeoFinance Beta