This article explains various stablecoins based on U.S. Treasuries, including the advantages of fixed-income tokens and specific implementation methods of well-known projects such as DAI, USDM, stEUR, FRAX. It also highlights risks related to maturity mismatch, yield decline, and liquidity.
12/26/2023, 2:58:07 PM
Angle Protocol is a decentralized stablecoin protocol that secured a $5 million seed funding round led by a16z, aimed at resolving issues related to Euro savings.
1/23/2024, 3:29:51 PM
Addressing the issues that decentralized stablecoins commonly encounter, such as capital inefficiency and collateral liquidation, this article introduces the Delta Neutral strategy as a potential remedy. Through real-world examples, it sheds light on decentralized stablecoin projects in DeFi that use derivatives for hedging, encompassing problem descriptions, project analysis, applications, and challenges.
11/26/2023, 2:03:15 PM
This article provides an in-depth analysis of Angle Protocol's oracle design and its defense mechanisms against front-running transactions. By combining Chainlink and Uniswap V3 TWAP, Angle offers an innovative solution aimed at protecting the protocol from front-running attacks while ensuring users receive fair transaction prices.
2/20/2025, 5:35:22 AM
In the current cryptocurrency market, despite the poor performance of altcoins, the DeFi sector is gradually showing its long-term investment value. According to recent market analysis, although the DeFi sector has lagged behind Ethereum and the overall market average in growth over the past year, it still holds potential to attract investor attention again.
7/28/2024, 10:11:24 AM
This article explores in detail the stablecoin protocols that strive to realize the impossible trinity. It dissects how future decentralized stablecoins can aim to maximize capital efficiency while still managing to hedge risks.
12/24/2023, 8:57:55 AM
This article introduces the LayerZero project, an omnichain interoperability protocol focused on data messaging between chains. The product design concept of LayerZero is very innovative in the field of cross-chain bridges. The data transmission method based on oracles and repeaters makes the protocol more portable and has certain security performance. At present, the network adoption rate of the protocol is good, and the ecological aspect has also achieved a certain scale of development.
2/17/2024, 1:33:03 AM