Hi there. I’m looking on cake and can see the

Question

Hi there. I’m looking on cake and can see the

price of dSPY = 652 USDC. The market price of SPY is currently 448 USD.

My question is; is there a chance dSPY could come down this low? (Where 1 dSPY= 448 USDC instead of the 652 USDC which it is currently).
Cheers

#blockchain #cryptocurrency #defichain #english

0

06.02.2022

4 ответов

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AJ J Автор вопроса

DcShel Shelton
Unlikely. May go up more though as more demand com...

Do you think they may release a new update that will correct the price at a later date. I’m Considering putting a lot of my portfolio into LP at cake and don’t want to be caught out

0

06.02.2022

DcShel Shelton

AJ J
Do you think they may release a new update that wi...

Just keep in touch with twitter Telegram Defichain announcements. Eventually there is a plan to Introduce Futures and options trading on the DEX and when those go live, they will gradually affect pricing on dStocks. And if unsure at th time that fork is announced a s released you can always back out of the mining at nearly no cost anytime. Easy in, easy out. There will be lots of discussion on how things get affected by new products long before releasing just like tomorrow's fork Likely could be late in year even before that happens. Haven't heard any dates of release on that yet.

0

06.02.2022

AJ J Автор вопроса

DcShel Shelton
Just keep in touch with twitter Telegram Defichain...

Thank you. Great info. It’s first I hear off futures trading on this DEX and I follow DFI on twitter, I must have missed it. It would be a nice addition. Cheers

0

06.02.2022

DcShel Shelton · Accepted Answer

DcShel Shelton

Unlikely. May go up more though as more demand comes into market with the lowering of dUSD token

0

06.02.2022

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