diff --git a/defi_and_trading/stablecoins/README.md b/defi_and_trading/stablecoins/README.md
index 69b727a..d01f9a3 100644
--- a/defi_and_trading/stablecoins/README.md
+++ b/defi_and_trading/stablecoins/README.md
@@ -1,11 +1,7 @@
-## 💰 stablecoins
+## stablecoins
-
-
-
-
### tl, dr
@@ -13,7 +9,9 @@
#### fiat-collateralized stablecoins
-* Fiat-collateralized stablecoins are stablecoins that are backed by fiat currencies like the US dollar.
+
+
+* fiat-collateralized stablecoins are stablecoins that are backed by fiat currencies like the US dollar.
* Their reserves are held by a central entity. The most popular fiat-backed stablecoins at this time are USDC, USDT, and BUSD.Â
* The main weakness of fiat-collateralized stablecoin is centralization as the collateral of a fiat-collateralized stablecoin is held by one independent party.
@@ -21,6 +19,8 @@
#### cryptocurrency-backed stablecoins
+
+
* This motivated the development of more decentralized, cryptocurrency-backed stablecoin.
* The main player in this category today is MakerDAO’s Dai stablecoin.
* While crypto-backed stablecoins are good for their decentralization, they are capital inefficient. '
@@ -29,11 +29,33 @@
#### decentralized (algorithmic) stablecoins
+
+
* The average consumer or institutional investor would rather mint 1:1 through a centralized fiat stablecoin than have to over-collateralize by at least 150% to issue a decentralized stablecoin.
* For this reason, developers set out to create non-collateralized (or algorithmic) stablecoins.
* These coins maintain their peg without having to directly collateralize the issuance.
* The two largest forces in the market in this category are Terra and Fei.
+
+
+---
+
+### in this dir
+
+
+
+* [curve](Curve.md)
+* [dai](DAI.md)
+* [(rip) ust](UST.md)
+
+
+
+
+
+
+
+
+
---
@@ -42,4 +64,5 @@
-* [high level intro from ethereum.org](https://ethereum.org/en/stablecoins/)
+* [stablecoins by the ef](https://ethereum.org/en/stablecoins/)
+