6 Articles 0 Followers
10 Dec 2022 1 minute read 0 comments kev_nag
It has been a rough road to navigate for algorithmic stablecoins in 2022. We are all familiar with the collapse of the Terra ecosystem and the depegging of TerraUSD. And the fallout from this collapse has been devastating with depegging, price crashe...
10 Dec 2022 2 minute read 2 comments Benjamin Thomas
After being red flagged by the Federation of Korean Exchanges 🇰🇷 considered to cancel transactions on exchanges. $Waves price dropped 20% after that. I. UST & USDN Waves' USDN is similar to LUNA's UST, Waves is the collateral for USDN, uses Waves...
26 Aug 2022 2 minute read 0 comments kev_nag
“As the crypto community tries to navigate the bear market and recover from the onslaught brought about by stablecoin incidents like the Terra crash, another algorithmic stablecoin shows signs of struggle as it falls below its dollar peg” [Reguerra,...
13 Apr 2022 2 minute read 1 comment ☑️0🆇D̺͈͙͕̿ͧ̑ͣ🅰🆅🅸🅳eͤ
Waves is a layer 1 that basically manages a stablecoin called USDN (Neutrino USD) which has reached around 1 billion market cap. This layer1 uses a Leased Proof Of Stake because the nodes can also be rented to become a validator. It's not everyone's...
27 Apr 2021 1 minute read 0 comments DaniBom
The $NSBT token (native on the Waves Blockchain, but available also on ETH and BSC) gives great benefits to the holders, without IL risks. Stakers of $NSBT get rewarded daily with a distribution of USDN generated by swaps on the waves exchange; yeste...
26 Oct 2020 5 minute read 11 comments MikeZillo
All cryptocurrencies are characterized by a very high volatility that prevents the expansion of the technology on a large scale; to try to overcome this inconvenient feature, stable-coins have been established. Stable coins are nothing more than cryp...
