just in : $Shib will launch its own algorithmic stablecoin SHI this year – the developer

$Shib will launch its own algorithmic stablecoin SHI this year – the developer

what is algorithmic stablecoin?

shib stablecoin aren’t backed by real assets at all. These are algorithmic stablecoins. As the name suggests, this kind of stablecoin uses an algorithm to maintain a consistent value. These algorithms usually link two coins and then adjust their price depending on the supply and demand of investors