New: feiAll contentburnbotkrblurtactifitzzanr2cornellgamesburnpostblurtgermanpowerclubbeblurtblurtlifeblurtindiaphotographycurationblurtlatamblurtboosterblurthispanoblurtblockjapanHotTrendingNewDAppspuncakbukit in stablecoin • 4 years agoAlgorithmic Stablecoin Crashes 50% as Devs Scramble for a FixFEI is an algorithmic stablecoin that attempts to maintain a $ 1 valuation without real collateral (such as USDT or USDC) or cryptocurrency (such as DAI). However, due to low demand, the dollar…rycharde in cryptoblurt • 4 years agoFEI Turns FeyHow not to design a stablecoin. “FEI dropped down to $0.136. In the process, it should have taught everyone a few lessons about stablecoin design and, perhaps, crypto investing,” Emin Gün Sirer…
