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. 

Tetranode

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Trading Pair	1h	24h	7d	1m	3m	1y
ESD/USD	-0.06%	4.66%	-2.26%	-2.24%	-2.26%	-23.31%
ESD/BTC	-0.07%	4.05%	-3.91%	-6.77%	-20.87%	-49.90%
ESD/ETH	-0.19%	3.95%	-3.25%	-38.27%	-14.69%	11.79%
ESD/DeFi	0.01%	3.94%	-2.10%	-88.37%	-89.05%	-16.82%
ESD/Algorithmic Stablecoins	-0.19%	1.59%	-17.09%	-4.42%	-14.76%	-22.24%


Uniswap V2 (Ethereum)	ESD/USDC	$0.000347	$12.94	50.078%	Recently
Uniswap V2 (Ethereum)	ESD/SFI	$0.000367	$12.90	49.922%	Recently

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