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Bit-Stonk

I noticed aUST is appreciating, is this expected to fall

back to 1:1 or slightly below if a lot of deposits were to be pulled out?

#anchor #cryptocurrency #english
0

3 ответов

19 просмотров
Out of Office-

aUST is interest bearing

0
27.09.2021
Bit-Stonk Автор вопроса

Correct, but if the token has appreciated 10% above 1:1 - should we expect it to return to 1:1 in the future?

0
27.09.2021
Out of Office-

It's not supposed to be 1:1 with UST. If you put in 100 UST you get 100 aUST on day 1 and then it grows to ~20% per year. So in 1 year you'll have a 1 UST = 1.2 aUST . When you want to extract your UST you give your 120 aUST and get back 120 UST. The appreciation of aUST is linked to your specific UST and your entry points

0
27.09.2021

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