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Quantitative Finance · Begrippenlijst

Wat is Algorithmic stablecoin?

Definition 23.7 Markets III: Commodities, Energy and Crypto · Hoofdstuk 23 — DeFi Credit and Leverage

An algorithmic stablecoin is a token that aims at a fixed value without holding reserves of that value, relying instead on a mechanism that exchanges it for another token of floating value created or destroyed to absorb demand.

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