Our great sponsors
core | daistats | |
---|---|---|
103 | 17 | |
377 | 76 | |
0.8% | - | |
9.2 | 5.8 | |
6 days ago | 8 months ago | |
JavaScript | JavaScript | |
GNU General Public License v3.0 or later | GNU General Public License v3.0 only |
Stars - the number of stars that a project has on GitHub. Growth - month over month growth in stars.
Activity is a relative number indicating how actively a project is being developed. Recent commits have higher weight than older ones.
For example, an activity of 9.0 indicates that a project is amongst the top 10% of the most actively developed projects that we are tracking.
core
-
Rare & Powerful Crypto Technologies Setting up to Outperform the Market
Website: terra.money
-
A Brief History Of Stablecoins
TerraUSD (UST) was launched in 2020. Like NuBits and other seigniorage algorithmic stablecoins, UST sought to peg one token by moving volatility to a separate token, in this case LUNA, which was also the native token of the Terra blockchain. Users could swap 1 UST for $1 of LUNA and vice versa. When the price of UST rose above $1, holders could profit by swapping $1 of LUNA for 1 UST (which would be worth more than $1), increasing supply and pushing down the price of UST. When UST was below $1, users could profit by swapping 1 UST for $1 of LUNA, reducing the supply of UST. This worked relatively well until a series of events led to confidence in the system collapsing, meaning there was no longer adequate demand for LUNA to stabilize UST. Its failure in May 2022 wiped out tens of billions of dollars of value from the Terra ecosystem, catalyzed the wider crypto bear market, and brought down several large organizations with exposure to it, including crypto hedge fund 3AC and lending company Celsius in the process.
- There is framework for everything.
-
Terraform Labs is creating infrastructure to build DAOs on Terra 2.0
Terra's Official Twitter account post, a newly created account, and a bio that reads "Building a new standard for DAO on Terra"
-
Deconstructing DeFi
A final example of a token is a "stablecoin". A stablecoin is a token which is kept by the issuer at a fixed price in terms of a government currency, generally the US dollar. Tether maintains a popular stablecoin known as USDT by keeping reserves matching the supply of the token. Other approaches include that used by MakerDao for its stablecoin Dai, where reserves are decentralized and take the form of tokens or Ethereum. These decentralized stablecoins are referred to as "algorithmic stablecoins". A more unfortunate example is Terra, who's algorithmic stablecoin collapsed to the tune of 60 billion dollars.
-
Overview of all IBC Chains - Curious Cosmonaut Research Group
Terra
-
Geesh they got me questioning everything!
https://www.terra.money/ (this looks exactly like the above)
- Terra: Core development history older than 6 days was deleted
- Terra Core development history was deleted 6 days ago. Why? (The code is still there but the history was deleted)
-
Welcome to clown world. This vote is just a big farse. Go to check Twitter
It’s also on their website https://www.terra.money/
daistats
- Cardano does not have USDT and USDC because it adheres to the principles of decentralization at the protocol design level and does not allow token issuers to censor transactions. Ethereum/Polygon/EVM USDT & USDC solidity contracts can freeze your funds and zero out your balance.
-
Collatorization ratio?
For more accurate stats check out: - https://daistats.com/ - https://makerburn.com/ - https://maker.defiexplore.com/
-
Wallet that drained FTX accounts starts swapping millions of dai for ether
On daistats.com you can see that DAI is currently collaterized with USDC for 28.6%. Combine this with the fact that DAI has an overcollaterization ratio of 137.58%. This means that DAI could survive a complete USDC crash much better than you'd think, possibly not even depegging from $1.00 at all.
- Which is safest USDC, BUSD or DAI?
-
Daily General Discussion - June 27, 2022
Looking at https://daistats.com/.. have never seen unhealtier numbers..
-
Daily General Discussion - June 25, 2022
USDC & USDP (both centralized) account for 70% of DAI collateral. https://daistats.com/
- Daily General Discussion - June 13, 2022
-
Tron’s USDD stablecoin currently losing its peg
It's not the thing propping up crypto prices. DAI is relatively small ($6.5B mcap), DAI is also partly backed by USDC [1], which is backed by cash and US government bonds (held at Circle) so it would be extremely difficult for DAI to lose collateral backing faster than keepers could liquidate positions. Does DAI have an influence on the $1T crypto industry? Of course, but its liquidity pales in comparison to USDC, USDT, and BUSD (~$100B between them). If the market is crashing, it's doubtful DAI is the culprit (as it's actually a solid, battle-tested protocol that already lived through the Covid crash and '18 and '19 severe drawdown and many other trying market scenarios).
But what you say is true of all debt markets. Debt has an inflating effect on the price, and when those debts get wiped off from liquidations, it can have a cascading affect in the opposite direction from that on the way up. That is precisely what happened to the real estate market in '08. People didn't think the real estate market could go down in terms of price. And yet, it did, and we had a major financial crisis as a result as real estate prices drew down 50% or more in some areas and foreclosure supply flooded the market.
[1] https://daistats.com/#/
- Pensando sobre los incentivos y valuacion en BTC y cripto en general
-
Which is the safest stablecoin to keep your dollars in?
It's not an algo stable, otherwise your post is solid. It is overcollateralized by mainly USDC and ETH (see https://daistats.com/) and only when that collateral fails to make the protocol whole would it even begin to consider using MKR as a backstop. The centralized aspect of course coming from the fact that it is heavily collateralized by USDC. This was done to keep DAI firmly on peg, for now. There are plans in motion to reduce reliance on USDC.
What are some alternatives?
astrobwt - ASIC/FPGA/GPU resistant CPU mining algorithm.
token - Token-related Contracts
gomod2nix - Convert applications using Go modules to Nix expressions [maintainer=@adisbladis]
dpack - simple lockfile for your dapp's addresses and artifacts
station - 🛰️ Station wallet
wasmvm - Go bindings to the running cosmwasm contracts with wasmer
T-Rex - T-Rex NVIDIA GPU miner with web control monitoring page
regen-ledger - :seedling: Blockchain for planetary regeneration
age-usd - The AgeUSD protocol specifications/smart contracts/off-chain code.
solana - Web-Scale Blockchain for fast, secure, scalable, decentralized apps and marketplaces.
ethereum-burn-stats - Website that showcases EIP-1559 Burn