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Structural failure
Algorithmic Stablecoin Design
A stablecoin maintained by minting and burning a sibling token whose value is reflexive to the stablecoin's peg. A confidence shock unwinds both legs simultaneously.
Structural failure
A stablecoin maintained by minting and burning a sibling token whose value is reflexive to the stablecoin's peg. A confidence shock unwinds both legs simultaneously.