Malt Protocol
New generation of algo stable coin.
Malt is the new generation of algorithmic stablecoins. As a speculator you can make money by staking Malt liquidity provider tokens and earning yield or by purchasing arbitrage tokens in an auction when the price of Malt falls below peg. Malt’s focus is building a system of incentives up from first principals. Instead of trying to stop or slow down speculator behaviour with arbitrary reward lockups or taxations, Malt puts the speculator first and makes it as easy as possible to speculate on the protocol while minimizing investor risk. By aligning the incentives of a speculator with the protocol itself, everyone can win.
