seigniorage

Algorithmic stablecoin designs often capture seigniorage profits as tokens are minted.算法稳定币的设计通常在代币被铸造时获取铸币税利润。

Seigniorage-based models proved fragile during market downturns, leading to rapid depegging events.基于铸币税的模型在市场低迷时期证明是脆弱的，导致了快速的脱锚事件。