The Vader protocol was an algorithmic stablecoin network that was intended to be comparable to the Terra network, however it ultimately failed. In order to ensure that $1 is always equivalent to 1 USDV, it was intended to promote arbitrages. The next half a year was spent by the Vader team scouring the internet for information on how to improve the app's security. Instead, the authors of the app have built a redemption gateway so that users may access the remainder of the app's treasure. (Read More)
from Blockchain News https://ift.tt/NXgMBhK