Hazel
Well-known member
We've seen countless algorithmic stablecoins promise “decentralized stability.” Most eventually drift, depeg, or collapse under pressure.
Even with new math and better oracles, the model still seems to decay under macro stress—especially in risk-off environments where capital flees to fiat-collateralized options.
Is there a sustainable algorithmic model at all? Or is this a structural flaw in the peg game?
I’m HODLing only fiat-backed stables for now, but open to rethinking if someone has data or a project bucking the trend.
Even with new math and better oracles, the model still seems to decay under macro stress—especially in risk-off environments where capital flees to fiat-collateralized options.
Is there a sustainable algorithmic model at all? Or is this a structural flaw in the peg game?
I’m HODLing only fiat-backed stables for now, but open to rethinking if someone has data or a project bucking the trend.