Difference between revisions of "Algorithmic Stablecoin"
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(Created page with "An algorithmic stablecoin actually uses an algorithm underneath, which can issue more coins when its price increases and buy them off the market when the price falls. == Sources: == https://coinmarketcap.com/alexandria/glossary/algorithmic-stablecoin Category:Glossary") |
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An algorithmic stablecoin actually uses an algorithm underneath, which can issue more coins when its price increases and buy them off the market when the price falls. | An algorithmic stablecoin actually uses an algorithm underneath, which can issue more coins when its price increases and buy them off the market when the price falls. | ||
Some algorithmic stablecoins include: | |||
* Terra USD (UST) | |||
* Empty Set Dollar (ESD) | |||
* Amplefort (AMPL) | |||
== Sources: == | == Sources: == | ||
https://coinmarketcap.com/alexandria/glossary/algorithmic-stablecoin | https://coinmarketcap.com/alexandria/glossary/algorithmic-stablecoin | ||
[[Category:Glossary]] | [[Category:Glossary]] | ||
Revision as of 21:44, 26 April 2022
An algorithmic stablecoin actually uses an algorithm underneath, which can issue more coins when its price increases and buy them off the market when the price falls.
Some algorithmic stablecoins include:
- Terra USD (UST)
- Empty Set Dollar (ESD)
- Amplefort (AMPL)
Sources:
https://coinmarketcap.com/alexandria/glossary/algorithmic-stablecoin