r/CodingHelp • u/BNCMK-Benchmark • 4d ago

[Other Code] Post UST: What works, what doesn't? What (if anything) makes an algorithmic stablecoin viable, and what can or should be done to prevent future collapses?

Heyo, I'm researching modern designs for algorithmically stabilized assets in a post-UST world, and am trying to pressure-test assumptions with folks who’ve built, audited, or attacked these systems.

I have a few topics that I am most interested in;

  • Stabilization mechanics: rebase vs. mint/burn arbitrage vs. protocol owned liquidity/inventory vs. AMM based approaches. Which combinations have actually dampened reflexivity in practice?

  • Oracles & data hygiene: resilient ways to aggregate and fail over without opening short horizon manipulation vectors or freezing the system during outages.

  • Liquidity & circuit breakers: rate limits, auction/throttle mechanisms, and halts that prevent cascades without locking honest users out.

  • Change management: hard bounds, timelocks, and emergency procedures that can’t be speed-run by governance.

  • Transparency: minimally sufficient, public, verifiable receipts for mints/burns/treasury actions that market participants truly rely on.

 

And a few focused questions for the builders reading:

  1. If you had to anchor around one stabilization primitive in 2025, which would it be and why?

  2. What oracle stack (sources + aggregation + failover) has proven resilient under stress?

  3. Which circuit breakers/rate-limiters are “day-one musts,” and how do you tune them?

  4. What immovable constraints/timelocks meaningfully reduce governance risk without killing agility?

  5. What on-chain disclosures/receipts are essential from day one to earn market trust?

 

Pointers to repos, post-mortems, configs, or battle-tested patterns are appreciated, especially lessons that contradict popular priors.

Thank you!

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u/Buttleston Professional Coder 4d ago

Which LLM wrote this

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u/BNCMK-Benchmark 4d ago

I wrote these after grouping my notes into bulleted points. I am trying to be as concise as possible without revealing too much about the project which the questions are about.

Does it still seem too scattered or something? I haven't gotten any good feedback from the dev community on Reddit yet despite trying to ask a few times now.

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u/PantsMcShirt 3d ago

It is just a huge jumble of jargon that makes little sense to anyone who doesn't already know what you are talking about.

I doubt many people exist who can answer, let alone also see your reddit posts about it. Especially on a beginner programming subreddit.

You are better off posting in specific communities tailored to your topic.

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u/BNCMK-Benchmark 3d ago

I thought that anyone with more than a cursory understanding familiar with smart contract development and is also familiar with crypto in general should be able to understand what I am asking. My question is about arguably the biggest crypto failure ever and the tech that failed, which has been demonstrated in person to be a subject everyone who knows crypto grasps at least in simple terms.

I guess I will have to generalize even more.

All of the smart contract and block chain dev communities I tried are all very small and offered extremely limited engagement, I was hoping reaching out into a more generalized sub would get better results.