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Mark-Raymondo

With the forthcoming enabling of Gem to fiat, what is

the value of the gem pegged to? Is it USDT or is it an “artificial” peg?

Wondering how VeVe is going to maintain the 1:1 value?

#cryptocurrency #ecomi #english
0

6 ответов

20 просмотров
Cynthia AmaZix-

It is still usd for now, nothing has changed. If there is or will be, the team will announce.

0
12.11.2021
Mark-Raymondo Автор вопроса

Is there any information on how the value of the gems remains 1:1? Is there any chance that the value of the gems could fluctuate depending on supply/demand?

0
12.11.2021
Simon-
Mark Raymondo
Is there any information on how the value of the g...

My understanding is they keep the usd in a reserve until you actually spend them

0
12.11.2021
Mark-Raymondo Автор вопроса

So essentially there won’t be an issue with liquidity?

0
12.11.2021
Simon-
Mark Raymondo
So essentially there won’t be an issue with liquid...

There shouldn't be, they've been asked in an ama if they could handle everyone cashing out at the same time and they said they could handle it

0
12.11.2021

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