Algorithmic Stablecoins Are A Thing

We had a great “Stablecoins Are Killing It” episode #26, featuring Sudhu Arumugam, co-founder and chief risk officer of Hong Kong based CoinFLEX, which recently introduced flexUSD, a multi-yield-bearing stablecoin, and the first stablecoin that pays interest at the base level.

Our other guest was Ben Simon, an investment analyst at Mechanism Capital, where he wrote a widely read treatise on stablecoins titled “Stability, Elasticity, and Reflexivity: A Deep Dive into Algorithmic Stablecoins.”

CoinFLEX is a super interesting project. But this post is to encourage anyone interested in learning about algorithmic stablecoins (e.g. Frax, Empty Set Dollar, Ampleforth) to read Simon’s post and/or watch him share his insights:

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This content is for educational purposes only. It does not constitute trading advice. Past performance does not indicate future results. Do not invest more than you can afford to lose. The author of this article may hold assets mentioned in the piece.