New FPO Pool with algorithm stable coins?

Proposals
1

The Seigniorage Supply or Algorithmic StableCoins method uses ‘Smart Contracts’ that automatically expand and contract the supply of Non-Collateralized currency using algorithms to maintain value, like $ESD, $DSD, $BAS, etc.

Recently, these kinds of stable coins attracted lots of attention and locked great value.
I am asking the FinNexus team to consider if it is possible to launch new pools with these algorithm stable coins as collateral.

These coins right now have few use-cases other than FOMO, and we could capture this opportunity to increase our TVL, if we can attract their attention.

Hope the team could think about it.

2

Interesting.
We will do some research on the same.
Thank you.

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3

Algorithms stable coin is a good trial for stable coin. I think FPO should add one or two most popular as part of multi-assets plan as collateral is a good idea.

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4

I am personally against this proposal.
Algorithmic StableCoins are FOMO coins now and it is far from stable.
I suspect creating a pool with these kinds will capture value and benefit FNX holders and FinNexus ecosystem.

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5

Algorithmic Stablecoins Complete Guide - a thread by DefiYield.info

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