Logo
Cardano Ecosystem

Elevenews

06/19/2021

·

1.1K views


Cardano Creator Teases Algorithmic Stablecoin Paper

IOHK is set to publish an academic paper on algorithmic stablecoins. IOHK CEO Charles Hoskinson has announced that the Cardano developer is going to release a new research paper on algorithmic stablecoins, which maintain peg by automatically adjusting their supply. The...

Cardano Creator Teases Algorithmic Stablecoin Paper

IOHK is set to publish an academic paper on algorithmic stablecoins.

IOHK CEO Charles Hoskinson has announced that the Cardano developer is going to release a new research paper on algorithmic stablecoins, which maintain peg by automatically adjusting their supply.

The billionaire claims that the paper is some “unfinished business” from his Bitshares days.

Hoskinson co-founded Bitshares together with prominent cryptocurrency entrepreneur Daniel Larimer, but the two parted ways for unknown reasons.

Back in January, IOHK and EMURGO announced that the AgeUSD stablecoin would launch on the Ergo blockchain.

Last August, Hoskinson said that he was “obsessed” with decentralized finance while adding that Cardano’s algorithmic stablecoin would be “significantly better” than MakerDAO.

News Source

AD

Proposals Catalyst F14 - Cast your vote, search "Otavio" in the Voting App.

If you are you using your ADA to vote in Cardano’s Project Catalyst don’t forget to voice your vote. We would be excited if you can see, comment, share and vote for us. Tip: To find them its easiest to search for "Otavio"Vote for Us


Read Original Article on Elevenews

ORIGINAL SOURCE

https://elevenews.com/2021/06/18/cardano...

Disclaimer: Cardano Feed is a Decentralized News Aggregator that enables journalists, influencers, editors, publishers, websites and community members to share news about the Cardano Ecosystem. User must always do their own research and none of those articles are financial advices. The content is for informational purposes only and does not necessarily reflect our opinion.


More from Elevenews

See more
Solana vs Cardano: Which Ethereum Competitor Will Prevail? - ELEVENEWS
Elevenews
Solana vs Cardano: Which Ethereum Competitor Will Prevail? - ELEVENEWS

11/07/2023

·

759 views

Related News

See more
Voting for Us - Catalyst Fund 14

Featured News

See more



    DEFAULTENGLISH (EN)SPANISH (ES)RUSSIAN (RU)GERMAN (DE)ITALIAN (IT)POLISH (PL)HUNGARIAN (HU)JAPANESE (JA)THAI (TH)ARABIC (AR)VIETNAMESE (VI)PERSIAN (FA)GREEK (EL)INDONESIAN (ID)ROMANIAN (RO)KOREAN (KO)FRENCH (FR)CZECH (CS)PORTUGUESE (PT)TURKISH (TR)