Decentralized stablecoins have been called one of the “Holy Grails” of crypto and our industry has experimented with different approaches and models to work them out. Today, Algorithmic Stablecoins are still risky and Overcollateralized Stablecoins are still tough to scale and capital-inefficient.

By looking at previous experiments, we believe that stablecoin models have always assumed they would succeed. Instead, we have approached the issue with a “fail-safe” attitude, where the risks of depeg always exist and need to be balanced and offset in more than one way.

Maya will have 5 different stablecoins in its suite. Each one will be best suited for a specific type of user / investor since all of them have their own strengths and weaknesses, which will be clearly laid out at all times, to everybody.