In 2021, the beginning of the year is really interesting, a year of witnessing history and watching dramas.

In 2021, do you want to witness the magical world? American retail investors have joined forces to encircle Wall Street giants, and this drama has been wave after wave.

What will be the hot spots in 2021?

The day just passed was horrifying, BTC fell by $10,000 a day.

Algorithmic stablecoins, a DeFi product full of speculative attributes, are also growing crazily and brutally in the taste of a bull market.

ETH can also rise like an altcoin, rising by more than 40% in one day.

New Year's Day gave the market a good celebration, BTC rose to 34,000 US dollars, ETH rose to 1,000 US dollars, a strong smell of a bull market.

Rebase allows a carrier to have both asset and cash states at the same time.

Theoretically speaking, as long as the market recognizes it, the entire network can only need one ampl, which is a fixed exchange rate.

The big wealth transfer story of cryptocurrency kicked off.

Which vision of an algorithmic stablecoin is more convincing: a simple rebasing model or a multi-token "control currency issuance" system?

Stablecoin players, from institutions to exchanges, to project parties, and then to algorithmic stablecoins, involve all users and fight in the big market of stablecoins.

ESD is more like a system that combines algorithms with incentives for user behavior to achieve price stability. Therefore, ESD "bonds" are not suitable for small players.

When YFI was launched, it debuted with no private placement, no pre-mining, and no team reservation. It exploded at the beginning and caused a sensation in the DeFi ecosystem.

Basis is an early DeFi algorithmic stablecoin project.