Algorithmic stablecoins like Ampleforth, Basis Cash, Empty Set Dollar and Frax are all the rage...but do these ostensible "ponzi" games have have any lasting value? In Part 1 of our 2 part series, Mechanism Capital analyst Ben Simon(@benjaminsimon97) joins us in discussing:
The economic origins of algorithmic stablecoins
The main trade offs of algo stable models
How algo stables compare to other trustless stablecoins
Ampleforth vs. Basis Cash
Jason Choi (@MrJasonChoi). This show is not financial advice; show host and guest may hold some of the assets discussed.
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Disclosures
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Musical credits: Underground Stars by Loxbeats https://spoti.fi/34tPBBO Creative Commons — Attribution 3.0 Unported — CC BY 3.0 Free Download / Stream: https://bit.ly/underground-stars Music promoted by Audio Library https://youtu.be/vpJDMD2EzkA
Disclaimer: Jason Choi is an investor at Spartan Capital, the hedge fund arm of The Spartan Group. All opinions expressed by Jason and podcast guests are solely their own opinions and do not reflect the opinion of The Spartan Group and any of its subsidiaries and personnel. This podcast is for information purposes only and should not be relied upon as a basis for investment decisions.
Ponzis or Game-changer? Algorithmic Stablecoins Part I - Ben Simon, Mechanism Capital, Ep. 128