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	0.00%	0.31%	0.41%	−1.32%	−12.13%	−4.25%
ESD/BTC	−0.05%	1.36%	−4.27%	−4.67%	17.35%	5.00%
ESD/ETH	0.10%	−0.52%	−8.25%	−7.65%	26.47%	8.09%
ESD/Algorithmic Stablecoins	0.00%	0.00%	0.00%	0.00%	0.00%	0.00%

Empty Set Dollar ESD

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