As far as I understand, the difference lies in how the "balancing token" is treated.
In order to have a stable peg, you must have a balancing token that will be linked to the main token and bought / sold as the value of the main one varies. In Basis' case this was treated like a "bond", whereas other algorithmic coins are treating it like a "share"...
As far as I understand, the difference lies in how the "balancing token" is treated.
In order to have a stable peg, you must have a balancing token that will be linked to the main token and bought / sold as the value of the main one varies. In Basis' case this was treated like a "bond", whereas other algorithmic coins are treating it like a "share"...