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There's been a large amount of borrowing USDT using USDN as collatoral and looping via exchanging waves then remininting USDN (supposedly) it's caused a liquidity crisis which crashed the price and cause a depeg. Abridge of the coin is also limited to people who stake

The market and the sc are not connected to each other, while the market plays on its rules of demand and supply, the smart contract is available for every NSBT staker with the softer conditions now, read more here https://t.me/neutrino_group/168270

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