And why is it difficult for independently issued algorithmic stablecoins to maintain anchorage and avoid entering a death spiral?
The Tokenomic Trilemma: A Theoretical Framework for Anticipating and Diagnosing DeFi Protocols' Flaws and Risks
The Tokenomic Trilemma: A Theoretical…
The Tokenomic Trilemma: A Theoretical Framework for Anticipating and Diagnosing DeFi Protocols' Flaws and Risks
And why is it difficult for independently issued algorithmic stablecoins to maintain anchorage and avoid entering a death spiral?