From 992e1d00a8dadf48aecca870731599e6c88ed094 Mon Sep 17 00:00:00 2001 From: Edwin Ong Date: Thu, 13 Dec 2018 10:28:21 -0800 Subject: [PATCH] Update Basis shut down reason --- readme.md | 2 +- 1 file changed, 1 insertion(+), 1 deletion(-) diff --git a/readme.md b/readme.md index 9224a09..91d6efa 100644 --- a/readme.md +++ b/readme.md @@ -59,7 +59,7 @@ Decentralized finance (#defi) is the movement that leverages open source softwar - [Havven](https://havven.io/)([source code](https://github.com/Havven/havven), [white paper](https://havven.io/uploads/havven_whitepaper.pdf)) - Decentralized stablecoin modeled on centralized closed loop payment networks - Algorithmic - Ethereum - - [Basis](https://www.basis.io) ([white paper](https://www.basis.io/basis_whitepaper_en.pdf)) - Algorithmic stablecoin that "can be robustly pegged to arbitrary assets or baskets of goods" - [reported to be shutting down](https://www.theblockcrypto.com/2018/12/12/stablecoin-project-basis-is-shutting-down-and-returning-the-majority-of-capital-raised-to-investors/) + - [Basis](https://www.basis.io) ([white paper](https://www.basis.io/basis_whitepaper_en.pdf)) - Algorithmic stablecoin that "can be robustly pegged to arbitrary assets or baskets of goods" - shut down due to inability to release tokens without securities classification in the US - [Carbon](https://fiat.carbon.money) ([white paper](https://www.carbon.money/whitepaper.pdf)) - Stablecoin that will be composed of a basket of whitelisted tokens that is "functionally fiat-backed with the potential to whitelist an algorithmic stablecoin" - [Fragments](https://www.fragments.org) ([white paper](https://www.fragments.org/paper/)) - Monetary policy-based stablecoin protocol - [Terra](https://terra.money) ([white paper](https://terra.money/static/Terra_White_paper.pdf)) - Protocol that ensures price-stability by algorithmically expanding and contracting supply