I want to secure the value hence the best way is to swap to DUSD (assuming by then 1 DUSD = 1 USD , am I right ?
I would say yes, but why would you want to hold your value when DFI is mooning? Such event is the dream of every member of the community, to hold DFI while it moons. Or did I understood your question wrong? Could you please clarify better? Sorry about that
Just in case Dfi rocket to $50 .. i might want to exit hence thinking DUsD is the faster way as currently am cakedefi to stake . Coz Gemini / coinbase / FTX yet to offer DFI or DUsD
Carefull, DUSD is a stable coin only existent in the defichain environment, created specifically to enable the tokenized assets. You will never find it outside the ecosystem, therefore, in an exchange. The exit route from defichain will always continue to be through DFI to an exchange or, without the atomic swap at the moment, through Cake if you choose another coin to unwrapp. But you can susbtitute DUSD for any other stable coin, such as dUSDT or dUSDC and send to Cake if you want to exit the ecosystem.
This is clear .. thanks a lot .. Would there be any chance DUSD is traded outside DeFiChain .. just like USDT?
Hi! Sorry only now answer, just now the day is starting here 😅 Dont see that happen, DUSD is intended to power up decentralized stocks inside defichain, not on other chains and as no real purpose outside defichain for now I would say.
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