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Spelling out Special Drawing Rights (SDR)
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# Fungible Tokens | ||
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* MANAGED: a token managed by a treasurer trusted for minting and burning. This is how (e.g.) a fiat-backed stablecoin would work. | ||
* BASKET: a synthetic token backed by a basket of other assets. This how (e.g.) a [SDR](https://www.imf.org/en/About/Factsheets/Sheets/2016/08/01/14/51/Special-Drawing-Right-SDR)-like asset would work. | ||
* BASKET: a synthetic token backed by a basket of other assets. This how (e.g.) a [Special Drawing Rights (SDR)](https://www.imf.org/en/About/Factsheets/Sheets/2016/08/01/14/51/Special-Drawing-Right-SDR)-like asset would work. | ||
* FIXED: a token with a fixed supply (coming soon). | ||
* ALGO: a token with an algorithmic issuance policy (coming soon). |