I 100% support innovation and hope some day a truly decentralized and sustainable algorithmic stablecoin can be accomplished. That being said, I think after the LUNA/UST shenanigans there is a lot of skepticism for the algo-stable concept. It will be tougher to find the same level of momentum.
Well its still in test phase up to full release in December, I think people do not realize this and assume its been fully released so not being pegged is a failure?
But as its still not even main net this time is to work out all these bugs and as we can see its slowly been pegging around once each 24hrs so by the time the algo is ready to take over we should see it working smoothly