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Your explanation is incorrect, please see my reply to the comment under yours. You should edit it so people aren’t misinformed.
by usednet 4y ago
Your explanation is incorrect, please see my reply to the comment under yours. You should edit it so people aren’t misinformed.
- ryanSrich 4y agoI removed the section on Terra. Like I said, I didn’t want to get into complicating the explanation, but point taken on the nature of algorithmic stables as opposed to collateralized one. The point I was trying to make was that Terra actually did have collateral, in the form of BTC.