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Can someone tell me what is the maximum supply Waves has?
What about USDN max supply? and How this stable coin works?
The maximum possible amount of issued USDN was initially restricted to 1,000,000,000,000 (one trillion) assets. The burned assets are excluded from the max supply. The current max supply can be reviewed at this explorer ( https://wavesexplorer.com/assets/DG2xFkPdDwKUoBkzGAhQtLpSGzfXLiCYPEzeKH2Ad24p )
Is it possible to lost it value? because if i recall, some stable coin in binance is down for almost 50% but its just for a few second and back to normal price.
Here is an article about USDN: https://medium.com/wavesexchange/what-is-usdn-22ecb9dad356
Originally, 1 trillion USDN assets were issued and locked in the contract with no ability to issue additional amounts. Nobody, including the Neutrino development teams, has access to the locked assets.
Yes, the only way to unlock the issued USDN is to swap WAVES for USDN through the smart contract at the current market rate. Balances of the main and liquidation contracts are excluded from the total supply.
What about staking? we all know USDT can be staked in several exchanges. Are we able to stake USDN and where?
Ofcourse. Those who staked their USDN receive a fee from leased collateralized WAVES reserves in USDN coins.
Here ( https://neutrino.at/staking#rec247243246 ) the list of exchanges and wallets that support USDN staking.
You can stake USDN right here: https://waves.exchange/investments/staking/USDN join also to waves exchange community: https://t.me/wavesexchange
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