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This Ethereum-based stablecoin is up 122% in the past 24 hours

Yes, you read that right: an Ethereum-based stablecoin meant to trade around one United States dollar is up approximately 100 percent in the past 24 hours alone.

Yes, you read that right: an Ethereum-based stablecoin meant to trade around one United States dollar is up approximately 100 percent in the past 24 hours alone.

That stablecoin is Dynamic Set Dollar (DSD), which is an algorithmic stablecoin that is meant to trade around $1.00 through a system of price oracles, dynamic supply adjusting, yield farming, and financial vehicles called coupons.

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