Ponzis or Game-changer? Algorithmic Stablecoins Part I - Ben Simon, Mechanism Capital, Ep. 128

<p>Algorithmic stablecoins like Ampleforth, Basis Cash, Empty Set Dollar and Frax are all the rage...but do these ostensible "ponzi" games have have any lasting value? In Part 1 of our 2 part series, Mechanism Capital analyst Ben Simon(@benjaminsimon97) joins us in discussing:</p> <ul> <li>The economic origins of algorithmic stablecoins</li> <li>The main trade offs of algo stable models</li> <li>How algo stables compare to other trustless stablecoins</li> <li>Ampleforth vs. Basis Cash</li> </ul> <p>Jason Choi (@MrJasonChoi). This show is not financial advice; show host and guest may hold some of the assets discussed.</p> <p>-------------</p> <p>Sponsors</p> <p>-------------<br /> <br /> BITTREX GLOBAL: You can now trade tokenized stocks like Google, Netflix, Amazon and Alibaba on Bittrex Global. Users can trade 24/7 globally, even purchase fractions of a share. Sign up now: <a href= "https://global.bittrex.com/discover/tokenized-stocks">https://global.bittrex.com/discover/tokenized-stocks</a>. </p> <p>RADIX: Radix is the first layer-one protocol specifically built to serve DeFi. Decentralized finance applications are currently built on protocols that are not fit for purpose, leading to congestion, hacks and developer frustration. Radix changes this by introducing a scalable, secure-by-design, composable platform with a DeFi specific build environment to make it easy to build and launch scalable DeFi. Find out more at <a href= "http://www.radixdlt.com/" target="_blank" rel= "noopener noreferrer">www.radixdlt.com</a></p> <p>NEXO: Borrow and lend crypto at market-beating rates: <a href= "https://nexo.io/?utm_source=btcmedia&utm_medium=fixed&utm_campaign=btcmedia_podcast_jun20&utm_term=podcast&utm_content=general">Nexo.io</a></p> <p> </p> <p>-------------</p> <p>Disclosures</p> <p>-------------</p> <p>Musical credits: Underground Stars by Loxbeats <a href= "https://spoti.fi/34tPBBO">https://spoti.fi/34tPBBO<br /></a>Creative Commons — Attribution 3.0 Unported — CC BY 3.0<br /> Free Download / Stream: <a href= "https: