Curve稳定币白皮 Curve stablecoin design Michael Egorov, Curve Finance The design of the stablecoin has few concepts: lending-liquidating amm algorithm (LLAMMA), PegKeeper, Monetary Policy are the most important ones. But the main idea is in LLAMMA: replacing liquidations with a special-purpose AMM.

全球数字货币的崛起： Libra与CBDC——数字货币系列专题之二。1. 势不可挡的稳定代币；2. 稳步推进的 CBDC；3. CBDC 与稳定币的竞争与合作；4. 风险提示。