diff --git a/MEV_and_trading/stablecoins/stablecoins_101.md b/MEV_and_trading/stablecoins/stablecoins_101.md
index f778c75..6dd4dd5 100644
--- a/MEV_and_trading/stablecoins/stablecoins_101.md
+++ b/MEV_and_trading/stablecoins/stablecoins_101.md
@@ -7,8 +7,9 @@
* 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.
+* their reserves are held by a central entity. The most popular fiat-backed stablecoins at this time are USDC, USDT, and BUSD.
+* their main weakness is centralization as the collateral of a fiat-collateralized stablecoin is held by one independent party.
+* e.g., Circle's USDC, iFinex's USDT, and Binances BUSD
@@ -16,9 +17,8 @@
-* 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. '
+* while crypto-backed stablecoins are good for their decentralization, they are capital inefficient (overcollaterized)
+* eg: MakerDAO's DAI, Synthetix's sUSD, and Liquity's LUSD
@@ -26,9 +26,8 @@
-* 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.
+* they maintain their peg without having to directly collateralize the issuance.
+* they rely on supply-and-demand algorithms to maintain price stability 😬.
+* e.g., FRAX, RAI and rip FEI and UST