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yurang-

Hello, is there any insurance for if OUSD drops in

price?

#cryptocurrency #english #origin
0

4 ответов

19 просмотров
LuS ༼ つ ◕_◕ ༽つ🍰🍔🍕-

no, insurance only work for hacks/exploit

0
22.01.2022
yurang- Автор вопроса
LuS ༼ つ ◕_◕ ༽つ🍰🍔🍕
no, insurance only work for hacks/exploit

Thank you. So do you know what will happen to peoples funds if OUSD drops and never recovers? Like, has the team said what they will do, if this scenario were to happen?

0
22.01.2022
LuS ༼ つ ◕_◕ ༽つ🍰🍔🍕-
yurang
Thank you. So do you know what will happen to peop...

team said that ousd is backed with 1:1 ratio in the vault so it mean ousd can be redeemed no matter what situation

0
22.01.2022
yurang- Автор вопроса
LuS ༼ つ ◕_◕ ༽つ🍰🍔🍕
team said that ousd is backed with 1:1 ratio in th...

Oh that's sweet. So since it's backed 1:1 with all the other big stablecoins Does that mean that if we're to OUSD lose its peg substantially, than that would mean that the other big stablecoins also lost their peg too?

0
22.01.2022

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