WYST Stablecoin is a decentralized, collateral-backed stablecoin aimed at reducing price volatility.
Here are its drawbacks:
1. *Regulatory uncertainty*: Lack of clear regulations may impact adoption and stability.
2. *Collateralization risks*: Dependence on collateral assets can lead to liquidity issues.
3. *Smart contract vulnerabilities*: Potential bugs or exploits in the smart contract code.
