Didn't people realize that those automated pegging algorithms don't really work after the last round of stablecoin collapses

At least DAI is holding well. It existed before LUNA and it continues to work today.

rvz 2 hours ago | parent | prev [-]

Except not all stablecoins are the same.

	▲	mort96 24 minutes ago \| parent [-]
		They essentially are to me, because I don't know how to differentiate them. Before the collapse, I would not have been able to look at the ones which collapsed and the ones which didn't and predict the outcome.