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RE: Why Algorithmic Stablecoins Keep Losing While Asset-Backed Ones Win

in LeoFinance • 18 days ago

The wins for Stablecoins backed by actual assets over Stablecoins backed by algorithmic are clear from history. Failures like Luna teach us the value of verifiable reserves over clever math alone 🔥

18 days ago in LeoFinance by
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         18 days ago (edited)

        This is true! But the HBD cultists refuse to acknowledge this. I'm team Hive but the wild & ridiculousness I hear even funded devs & top witnesses say about how HBD will be the main stable coin in future is just a joke. HBD is only still pegged because of how small it is. We as a community should be discussing how to wind HBD down with the least damage done but instead people choose fantasy and ridiculous predictions. !PIZZA !LADY

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