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RE: Bitusd the most successful decentralized usd peg and making it better
It is always funny to see that Cheetah is referring to a post written by the author itself and one which is quoted in the article. Maybe it should need a little bit more work!
I did not know that there were more coins than Tether pegged to the dollar! I did know about SBD, but I don't see it as pegged anymore. It will probably never get back to 1$.
Great suggestions about making a new one. Where are you waiting on?
oh there way more tether alt coming one is True USd which is tether reskinned and diff people.
Another coin called carbon coin is coming out:
carbon stablecoin, which is pegged to a value of $1, and carbon credits, which fluctuate in value in order to absorb changes in demand.
When the stablecoin's value falls below $1, an auction is held, and users willing to give up their stablecoins (thereby reducing the supply and driving up the price) receive carbon credits in exchange.
The next time the stablecoin's price rises too high, its supply increases, and those newly created stablecoins are given to carbon credit holders. The process is governed entirely by algorithms.
built on hashgraph:https://www.coindesk.com/carbon-stablecoin-project-raises-2-million-seed-round/
I wish to make it but i need $ maybe i should do an ico ;)
At least it delivered on its promise to upvote the post :)
hah