age-usd VS ergoMixBack

Ideally what one would want from a stable coin is on-chain proof of reserves and transactions, based onpeer-reviewed protocol design and battle tested stability. Obviously all points can be improved and iterated upon as seen with with the bear whale saga.

AgeUSD protocol is an example of a hybrid stablecoin that is algorithmically stabilized and collateralized on-chain (i.e. crypto-backed).

AgeUSD protocol[1] can already be used to encode such regulatory forces into the stablecoin itself, if desired.

[1] https://github.com/Emurgo/age-usd

Documentation: https://github.com/Emurgo/age-usd

As for information on their protocol, I read their GitHub page over here https://github.com/Emurgo/age-usd. They’ve got an example page here too but nothing describing Black Thursday level scenarios https://github.com/Emurgo/age-usd/blob/main/docs/stories.md

Before funding your main wallet, I'd download the mixer and create a covert address to fund your main wallet from your Ergo exchange of choice.

Not in any particular order and not even comprehensive, since I'm not including things that are on the roadmap such as NiPoWoWs, tools such as the mixer, and so forth. But, a few things people might be interested in with links:

If you want to understand the mixer, download it and try it.

- ErgoMixer - Web application for mixing ergs and tokens based on Ergo platform.

ErgoMixer brings truly innovative, optional privacy solutions to Ergo and DeFi. Besides simply sending or receiving tokens, the mixer could also potentially be used across other dApps like NFT marketplaces and decentralized exchanges. ErgoMixer offers a new layer of privacy that is non-custodial with zero risk of losing tokens in a transaction. To use the mixer, download the latest version from GitHub and check out this YouTube tutorial.

This is Ergo’s mixer: https://github.com/ergoMixer/ergoMixBack …. Though Secret Network is great. The app made by Trivium Nodes BlackBox is amazing. https://blackbox.cash

Download the most recent release

The normal response to this question for Ergo is to bring up the Mixer, light clients, the ability to have shared wallets, etc. But, the reality is that the ecosystem is evolving and we don't know what Ergo's killer app is going to be until Ergo has had more time to mature and find various niches in the larger blockchain ecosystem, which itself largely doesn't exist yet.

Go to Ergo's Mixer and try to compile it from source using the Quick Start Shell script. Then, if that fails, as it did for me, try the other options and tell us about your experience. Good times!