Ampleforth integrates with Avalanche to introduce stablecoin alternative
The integration will allow users of the blockchain to access algorithmic language AMPL for stabilized contract interaction. Go to Source Powered by WPeMatico
AMPL
Auto Added by WPeMatico
Algorithmic stablecoins aren’t really stable, but can the concept redeem itself?
Amid much fanfare, many algorithmic stablecoins have not been stable. Is the problem intractable, or it’s the just the algorithms that aren’t good enough? Go to Source Powered by WPeMatico
Defi Market Cap Drops 25.1% in One Day: Proponents Say Tokens Self Correcting
The latest data from Santiment shows that the collective market capitalization of all defi-related assets dropped by 25.1% on October 7, while daily trading volumes went down 30.2%. The data also shows popular defi tokens like Sushi took heavy knocks after dropping by 50.9% during the week. Also making the list of heavy droppers is … Read more