From 39b0de34b8125f6f71985bc1b737593508fba32d Mon Sep 17 00:00:00 2001
From: "dr. mia von steinkirch, phd"
<1130416+mvonsteinkirch@users.noreply.github.com>
Date: Thu, 9 Feb 2023 12:12:01 -0800
Subject: [PATCH] add aave gho
---
MEV_and_trading/stablecoins/README.md | 40 ++-------------------------
1 file changed, 2 insertions(+), 38 deletions(-)
diff --git a/MEV_and_trading/stablecoins/README.md b/MEV_and_trading/stablecoins/README.md
index 0266c6f..d28309a 100644
--- a/MEV_and_trading/stablecoins/README.md
+++ b/MEV_and_trading/stablecoins/README.md
@@ -2,50 +2,14 @@
-
-### tl, dr
-
-
-
-#### fiat-collateralized stablecoins
-
-
-
-* 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.
-* The main weakness of fiat-collateralized stablecoin is centralization as the collateral of a fiat-collateralized stablecoin is held by one independent party.
-
-
-
-#### 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. '
-
-
-
-#### 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
+* [types of stablecoins](stablecoin_101.md)
* [curve](Curve.md)
* [dai](DAI.md)
+* [gho](gho)
* [(rip) ust](UST.md)