end of january is planned
Thanks man 👍🏼
Hi, does it mean we need to liquidate all dUSD LM and assets and convert it to DFI? That’s what I understood from the explanation on YouTube?
why do you think you have to do this?
I’m not an expert but that’s what I’ve understood from the video on YouTube. Apparently it’s coz dUSD is overvalued? I can’t find that video anymore but it’s from the same blond German speaking guy?
yes dusd is currently worth more than 1usd but that doesn't mean you have to do anything. you can also sell your dusd now if you like
When will the price be fixed?
it will not be a fixed price. It will be possible with the update to pay back dusd loans with DFI and to use dusd as colleterals in the loan. This should keep the price always at 1dusd +-2cent. But it is still supply and demand the update is planned for the end of the month
The thing is you can change it or you can stay and wait for more rewards.. i think there will be also a big problem with the upgrade probably two weeks of no withdrawal and deposit through cex'es .. if there is a fix date probably day or two before it you can swap for dbtc-dfi or dfi or dusdt-dfi pool or some other dtoken maybe .. that is up to you.. or it can stay without swaping dusd becouse till end of month you can already cover the lost
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