Algorithmic Stablecoins

BadgerDAO Airdrops Bitcoin-Pegged Token Digg

“Wen Digg,” another day another meme in DeFi, though this one appears to be headed for the graveyard as Digg, the rebasing crypto asset pegged to Bitcoin, is now live on the Ethereum blockchain. Last Friday, BadgerDAO, the DeFi protocol which aims to build “products and infrastructure necessary to accelerate Bitcoin as collateral across blockchains,” …

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Fei Plans to Join Stablecoin Party With Key Difference

Fei released details of its planned decentralized stablecoin protocol yesterday afternoon. Fei seeks to offer a novel design to combat some of the whale games that favored the earliest participants of decentralized stablecoins. Fei’s stablecoin, FEI, is a “decentralized, fair, liquid, and scalable stablecoin that exhibits a high fidelity peg” said the announcement post. It …

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