Algorithmic Stablecoin

De CoinGecko | Actualizado el Aug 13, 2021
Algorithmic stablecoins are tokens pegged to a fiat currency which is usually the US dollar, purely through software and specific conditions. For example, as the price rises, the algorithm may issue more coins, and when the price falls, it purchases them off the market.

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Términos relacionados

Faucet
A faucet usually represents a site or app where a user can navigate to for small rewards repeated over time.
Rug Pull
Sudden removal of liquidity which typically leads to asset prices crashing from the lack of liquidity to absorb buy/sells.
Staking
The state of locking-in significant amount of token to participate as a validator of a Proof-of-Stake network.
Block Confirmation
Refers to the number of confirmation a particular block has. Each block ahead of the referenced block adds one block confirmation to it.
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