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Decentralized Stablecoins The Future of Stable Value in DeFi

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Decentralized Stablecoins : The Future of Stable Value in DeFi | Atharv Gyan 1. Introduction to Stablecoins Stablecoins are a class of cryptocurrency designed to maintain a stable value by pegs to external assets most commonly fiat currencies like the U.S. dollar, but also commodities or other cryptocurrencies. They emerged to solve the extreme volatility that plagues Bitcoin and many altcoins, enabling crypto‑native applications (especially in DeFi) to transact, lend, borrow, and hedge with minimal price risk.  Traditional stablecoins fall into four categories: Fiat‑Collateralized (e.g., USDC , Tether USDT) Commodity‑Backed (e.g., PAXG backed by gold) Crypto‑Collateralized (e.g., MakerDAO ’s DAI on Ethereum ) Algorithmic (e.g., Terra USD , Ampleforth’s AMPL) Decentralized stablecoins are those that avoid reliance on a central issuer meaning no...

Advance Internet Technology (AIT) Questions & Answers

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Most Asked Questions & Answers Q- What is the purpose of web testing tools? Give examples of some commonly used web testing tools and their functionalities. Ans - Purpose of Web Testing Tools: Web testing tools are software applications designed to comprehensively evaluate various aspects of a web application or website. Their primary function is to identify and expose potential issues before a website goes live, ensuring a high-quality and user-friendly experience. These tools streamline the testing process by automating repetitive tasks and providing in-depth insights into functionality, performance, security, and compatibility. Common Web Testing Tools and Functionalities: Here's a glimpse into some popular web testing tools and their functionalities: Selenium: This open-source powerhouse automates web browser interactions. It excels at recording and replaying user actions, along with creating scripts to test specific functionalities within a web application. Cypress: An...
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