I like EOSDT because it's source code is publicly available, but sadly has low liquidity on DEXs... So, USN is the common take.
Usn is over-collateralized. In extreme cases, defibox risk funds will be used to pay
If falls bellow the minimum collateral required, it gets liquidated based on the rules of each platform... VIGOR is another stable coin you maybe would like to check.
I've been trying to find those rules unsuccessfully.
For USN I think they are in their support page. I cannot check right now, but I know it is somewhere in their website
I thought of vigor as an index coin, an average of a pool of coins. It seems that isn't the case.
All DEX has low liquidity. Bullish.com will solve that
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