Unpacking Terra’s design for its algorithmic stablecoins and how partial collateralization using bitcoin reserves could impact its price stabilization mechanism (damsondao/P — Mirror)

Unpacking Terra’s design for its algorithmic stablecoins and how partial collateralization using bitcoin reserves could impact its price stabilization mechanism (damsondao/P — Mirror)

damsondao / P — Mirror:
Unpacking Terra’s design for its algorithmic stablecoins and how partial collateralization using bitcoin reserves could impact its price stabilization mechanism  —  As Terra climbed crypto market cap rankings at the start of 2022 while most of the market dumped or stalled …