Name: ICP Cycles Stablecoin Explained
Uploaded: 2024-03-15T16:29:00+00:00
Duration: 8 min 41 s
Description: Internet Computer has two native tokens, a governance token named ICP and a stablecoin called Cycles. In this video, I explained how cycles work, what dictates their prices, and how the price of ICP i

7 months ago

Technology ICP cycles Cycles explained ICP stable coin

Internet Computer has two native tokens, a governance token named ICP and a stablecoin called Cycles. In this video, I explained how cycles work, what dictates their prices, and how the price of ICP is decoupled from the price of cycles to prevent computation cost on the protocol from becoming ruinously expensive. My reference for this episode can be found here: https://internetcomputer.org/docs/current/concepts/tokens-cycles

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