Does Algorithmic/Elastic supply stablecoins still worth to invest?

[Iyanu14]

Algorithmic stablecoins will definitely replace USDT，I think

Faced with the unlimited issuance of USDT and there is no real collateral, USDT's financial report data is very questioned. No one can supervise whether he has complied with integrity.

At present, the BAGS I have seen has failed. Elastic supply AMPL has just launched its own governance token FORTH, which has launched on coinbase. The star project FEI finally caused a large number of miners to lose a lot of funds due to mistakes, and I also lost some money. Algorithmic stablecoins without collateral are very easy to fall into FOMO.

But,I think the partially collateralizable Terra, Standard, and Frax are gradually growing. The three token models(Share Stable Bond) are also verified to be successful. and now, Standard IDO is underway, should I consider continuing to invest in this track? Do you have any opinions?

[Kemileye]

Algorithmic stablecoins will definitely replace USDT，I think

Faced with the unlimited issuance of USDT and there is no real collateral, USDT's financial report data is very questioned. No one can supervise whether he has complied with integrity.

At present, the BAGS I have seen has failed. Elastic supply AMPL has just launched its own governance token FORTH, which has launched on coinbase. The star project FEI finally caused a large number of miners to lose a lot of funds due to mistakes, and I also lost some money. Algorithmic stablecoins without collateral are very easy to fall into FOMO.

But,I think the partially collateralizable Terra, Standard, and Frax are gradually growing. The three token models(Share Stable Bond) are also verified to be successful. and now, Standard IDO is underway, should I consider continuing to invest in this track? Do you have any opinions?

Agree wit you , Algorithmic stablecoin has higher chance to fail and unable to hold the price because of FOMO. while collateralizable stable coin would be much more Safer!
 i go with Standard protocol, they are polkadot granted project, looks promising and solid.

[Docbee]

The answer is yes！

If the ecology of a stablecoin project is prosperous enough, the project's governance token is worth investing in, like #MKR in MakerDAO.

Except in Ethereum community, I am looking forward to stablecoin projects erupting at Polkadot economy.

[CryptoWarriorsssss]

here u go!

Gate.io announced the IDO for $STND will do it on startup

100% for sure,


the stable coin is worth

[Revvo1]

As the market is facing losses because of Algorithmic stable coins  People start looking int new developing project who are good for adoption and safe from FOMO .The  collateralizable stable coin is solution of their problem and their for i find Standard protocol project is a good adoption .Which can give to safety in those hard time.Where the project have Polkastarter is as base which is a biggest relief for all.

[kanmo]

Algorithmic stablecoins will definitely replace USDT，I think

Faced with the unlimited issuance of USDT and there is no real collateral, USDT's financial report data is very questioned. No one can supervise whether he has complied with integrity.

At present, the BAGS I have seen has failed. Elastic supply AMPL has just launched its own governance token FORTH, which has launched on coinbase. The star project FEI finally caused a large number of miners to lose a lot of funds due to mistakes, and I also lost some money. Algorithmic stablecoins without collateral are very easy to fall into FOMO.

But,I think the partially collateralizable Terra, Standard, and Frax are gradually growing. The three token models(Share Stable Bond) are also verified to be successful. and now, Standard IDO is underway, should I consider continuing to invest in this track? Do you have any opinions?

There is obviously a paradigm shift from the Old model of stablecoin to a relatively new model with greater advantage. Standard protocol is actually becoming a force to reckon with because its real world usecase collaterized rebasable stablecoin feature. I am in for the IDO and expect to see it thrive in the stablecoin world.

[Iyanu14]

Algorithmic stablecoins will definitely replace USDT，I think

Faced with the unlimited issuance of USDT and there is no real collateral, USDT's financial report data is very questioned. No one can supervise whether he has complied with integrity.

At present, the BAGS I have seen has failed. Elastic supply AMPL has just launched its own governance token FORTH, which has launched on coinbase. The star project FEI finally caused a large number of miners to lose a lot of funds due to mistakes, and I also lost some money. Algorithmic stablecoins without collateral are very easy to fall into FOMO.

But,I think the partially collateralizable Terra, Standard, and Frax are gradually growing. The three token models(Share Stable Bond) are also verified to be successful. and now, Standard IDO is underway, should I consider continuing to invest in this track? Do you have any opinions?

Agree wit you , Algorithmic stablecoin has higher chance to fail and unable to hold the price because of FOMO. while collateralizable stable coin would be much more Safer!
 i go with Standard protocol, they are polkadot granted project, looks promising and solid.

Yes, there is no stablecoin without collateral. New algorithms + collateral are the future of stablecoins, and standard they are doing these things. its Algorithm is better

[Iyanu14]

Algorithmic stablecoins will definitely replace USDT，I think

Faced with the unlimited issuance of USDT and there is no real collateral, USDT's financial report data is very questioned. No one can supervise whether he has complied with integrity.

At present, the BAGS I have seen has failed. Elastic supply AMPL has just launched its own governance token FORTH, which has launched on coinbase. The star project FEI finally caused a large number of miners to lose a lot of funds due to mistakes, and I also lost some money. Algorithmic stablecoins without collateral are very easy to fall into FOMO.

But,I think the partially collateralizable Terra, Standard, and Frax are gradually growing. The three token models(Share Stable Bond) are also verified to be successful. and now, Standard IDO is underway, should I consider continuing to invest in this track? Do you have any opinions?

There is obviously a paradigm shift from the Old model of stablecoin to a relatively new model with greater advantage. Standard protocol is actually becoming a force to reckon with because its real world usecase collaterized rebasable stablecoin feature. I am in for the IDO and expect to see it thrive in the stablecoin world.

The algorithm mechanism has tried many versions and technologies, and I believe that the standard will optimize the stablecoin algorithm mechanism of the previous four generations. IDO keeps paying attention, trust me

[Iyanu14]

The answer is yes！

If the ecology of a stablecoin project is prosperous enough, the project's governance token is worth investing in, like #MKR in MakerDAO.

Except in Ethereum community, I am looking forward to stablecoin projects erupting at Polkadot economy.

MakerDAO is the first-generation collateral stablecoin, which is very reliable and has a rich ecological development. However, the efficiency of capital utilization is too low, so the market needs to increase algorithmic mechanisms based on it and reduce capital utilization. The collateral is used for capital protection, and the algorithm mechanism is used for stable currency protection

[asriloni]

should I consider continuing to invest in this track? Do you have any opinions?

This project looks good consider standard is still a part of meter. I just read it on the official site.

You can continue to invest if you can but is not it the IDO on polka already ended? The price is quite high right now. it looks like that standard is not fully pegged with the algorithmic supply like ampleforth or something else.
It's better to get into this token when the price was so cheap.