50Cent Network

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Throughout the short "history" of Algorithmic Stablecoins(also referred to as “Seigniorage Stablecoins”), we observed a common trend of staying relatively "stable" around 50 cents rather than the targeted 1 US Dollar from various projects. As many algorithmic stablecoinshave failed to maintain their peg with 1 US Dollar, the team revisionedthe goal for our token to stay as stable as possible by compressing the peg threshold down to 50 cents.
50Cent Network
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Throughout the short "history" of Algorithmic Stablecoins(also referred to as “Seigniorage Stablecoins”), we observed a common trend of staying relatively "stable" around 50 cents rather than the targeted 1 US Dollar from various projects. As many algorithmic stablecoinshave failed to maintain their peg with 1 US Dollar, the team revisionedthe goal for our token to stay as stable as possible by compressing the peg threshold down to 50 cents.
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