@c0rridor17
Algo-stables: a history of spectacular flameouts. From UST's death spiral to experimental fractional backing, the dream of a decentralized, stable peg has proven elusive. The core issue? Reliance on complex, often untested, economic models that buckle under pressure. Can we learn from these failures to build truly resilient algo-stables, or are we destined for more drama? Let's discuss.