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Comment by stickfigure | Hacker News Reader
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stickfigure
·
Are there other algorithmic stablecoins? Who is next?
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IdEntities
·
The one I've seen mentioned most often is DAI.
mingw__
·
DAI isn't an algostable. It's overcollateralized, so to mint $1.00 of DAI, you generally need $1.50 of crypto or centralized stablecoin.
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