Welcome to algorithmic stablecoin Metaverse built by Universe Protocol
Bigbang Universe(Bigbang.cash) is an essential part of the experimental algorithmic stablecoin Metaverse built by Universe Protocol.
In the Bigbang Universe, all participants will experience the origin, expansion and stability of the universe, as well as the birth and evolution of many algorithmic stablecoin planets.
In the past stablecoin protocols were often exclusively used either for pure collateral model or for a completely unsecured model (algorithmic stability). Pure collateral stablecoins either need to over-collateralize assets on the chain, or have custody risks, and the scale is limited by the amount of collateralized assets; but these designs can provide a fairly stable fixed exchange rate and have a certain degree of credibility. Completely unsecured (algorithmic) stablecoins make up for the shortcomings of collateral-backed stablecoins, do not require trust, are scalable, etc. However, excessive exchange rate fluctuations limit their application scenarios.