my vote is for ampleforth
Topic: Ultimate stablecoin vote (Read 325 times)
...well I guess it's time to take basis out of the running lol
my vote is for ampleforth
my vote is for ampleforth
I do not see any prospects in stable coins, as it seems to me, they would very well be suitable for replacing fiat money, but this will most likely be more interesting for governments!
Currently I use Tether (35%), Paxos (15%), USDC (15%), TUSD (27%), GUSD (8%). I don't think that we should have the only one favorite stablecoin. It's unpredictable market and as investors we should deversify the capital as much as possible.
What's the sense of diversifying to different stable coins?Yea I'm curious too...
I'm really just waiting on Ampleforth to lauch tbh lol.
Currently I use Tether (35%), Paxos (15%), USDC (15%), TUSD (27%), GUSD (8%). I don't think that we should have the only one favorite stablecoin. It's unpredictable market and as investors we should deversify the capital as much as possible.
What's the sense of diversifying to different stable coins? 
Currently I use Tether (35%), Paxos (15%), USDC (15%), TUSD (27%), GUSD (8%). I don't think that we should have the only one favorite stablecoin. It's unpredictable market and as investors we should deversify the capital as much as possible.
I am favoring the option 3 which is algorithm backed stable coins like DAI. I like how the incentivising mechanism solution works.
It is decentralized and this is why I prefer DAI.
It is decentralized and this is why I prefer DAI.
have you looked into ampleforth? algorithmic but has an interesting twist. https://www.ampleforth.org/
I am favoring the option 3 which is algorithm backed stable coins like DAI. I like how the incentivising mechanism solution works.
It is decentralized and this is why I prefer DAI.
It is decentralized and this is why I prefer DAI.
So I'm doing my research about stablecoins and so far there's 3 categories of them:
1. Fiat-backed
2. Crypto-collateralized
3. Algorithm-backed
I've been a big fan of 2 and 3, especially Fragments. What are your favorite?? Wish I had more room to include others, but from what I've seen these are the top (aside from Tether).
1. Fiat-backed
2. Crypto-collateralized
3. Algorithm-backed
I've been a big fan of 2 and 3, especially Fragments. What are your favorite?? Wish I had more room to include others, but from what I've seen these are the top (aside from Tether).
More and more stablecoins are created and guaranteed by big foundations but general in the future, these coins will be controled by them and be very centralized. I think when this market is more stable, Bitcoin will be the best stable coin
bitcoin will never be a stablecoin lol. we have to look into less centralized options like ampleforth since they have a smart contract that inflates or deflates the supply based on market demand
So I'm doing my research about stablecoins and so far there's 3 categories of them:
1. Fiat-backed
2. Crypto-collateralized
3. Algorithm-backed
I've been a big fan of 2 and 3, especially Fragments. What are your favorite?? Wish I had more room to include others, but from what I've seen these are the top (aside from Tether).
1. Fiat-backed
2. Crypto-collateralized
3. Algorithm-backed
I've been a big fan of 2 and 3, especially Fragments. What are your favorite?? Wish I had more room to include others, but from what I've seen these are the top (aside from Tether).
More and more stablecoins are created and guaranteed by big foundations but general in the future, these coins will be controled by them and be very centralized. I think when this market is more stable, Bitcoin will be the best stable coin
funny to see that not a lot of people voted. could it be that there's a huge onslaught of stablecoins in the market? How can we tell good stablecoins like ampleforth from terrible ones like tether?
I'm going for TUSD or USDC for dollar denominated stable coin. Using a stable coin pegged to USD preserved the value of my portfolio in this bear market.
Thoughts on ampleforth's model? That would be great for remittance and trading too. Read about their model on their site: https://www.ampleforth.org/
I'm going for TUSD or USDC for dollar denominated stable coin. Using a stable coin pegged to USD preserved the value of my portfolio in this bear market.
Ampleforth aka Fragments gets the most votes, but I am not very familiar with this stablecoin, can you give me a link about Fragments?
Yup. Their website: https://www.ampleforth.org/
whitepaper: https://drive.google.com/file/d/1I-NmSnQ6E7wY1nyouuf-GuDdJWNCnJWl/view
Ampleforth aka Fragments gets the most votes, but I am not very familiar with this stablecoin, can you give me a link about Fragments?
Yup. Their website: https://www.ampleforth.org/
whitepaper: https://drive.google.com/file/d/1I-NmSnQ6E7wY1nyouuf-GuDdJWNCnJWl/view
I don't even think if this one should be mentioned https://coinmarketcap.com/currencies/synthetix-network-token/
Only fiat backed can still remain stable on its value.
Ampleforth aka Fragments gets the most votes, but I am not very familiar with this stablecoin, can you give me a link about Fragments?
Yup. Their website: https://www.ampleforth.org/
whitepaper: https://drive.google.com/file/d/1I-NmSnQ6E7wY1nyouuf-GuDdJWNCnJWl/view
I personally do not use stable coins, but if I had to choose, I would put the Crypto-collateralized in the first place
Ampleforth aka Fragments gets the most votes, but I am not very familiar with this stablecoin, can you give me a link about Fragments?
I don't like many of these coins, because they are not build to stay stable for the long term. However, I would go with the current Gigzi project. This will, in my opinion, be better than many "stable coins". Because, the main goal of this project is to back crypto-assets with Gold and precious metals price, so it is more stable in the long-run. Gold has a more stable price than any other asset. So this Gigzi platform should see great success using "Tokenized Precious Materials", in the coming months..
very good. the research is very simple, is there something more interesting about the three points above?
Does anyone have a comparison between ampleforth and basis?
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