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Uncollateralized Stablecoins w/ Dan Elitzer

In this video, Ryan Adams and David Hoffman of Bankless interview Dan Elitzer recently co-founded Nascent (, a crypto venture capital company that is deep into the weeds in the Ethereum ecosystem. They talk about algorithmic stablecoins - coins that are completely backed by financial incentives.

He also explains design philosophy behind algorithmic stablecoins, how they work, what makes them stable, and who gets the upside of making them.

The episode was published on January 5, 2021.