Empty Set Dollar (ESD) is an attempt to build an algorithmic stablecoin, borrowing a few concepts from projects like Basis. ESD has an elastic supply; new tokens are minted when the token is trading above $1. 

Kyle Samani

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Trading Pair	1h	24h	7d	1m	3m	1y
ESD/USD	−0.41%	−1.75%	−0.44%	−12.54%	−27.31%	−19.25%
ESD/BTC	−0.12%	−2.46%	−0.60%	21.21%	0.27%	12.99%
ESD/ETH	0.10%	−1.85%	1.29%	41.33%	10.87%	4.38%
ESD/Algorithmic Stablecoins	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%


Uniswap V2 (Ethereum)	ESD/USDC	$0.000286	$101.32	63.771%	Recently
Uniswap V2 (Ethereum)	ESD/SFI	$0.000277	$57.56	36.229%	Recently

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