1 of 2 ....... Why should we not be afraid

Question

1 of 2 ....... Why should we not be afraid

of lowering the price of waves?
Neutrino protocol uses $WAVES tokens as collateral, in fact the credit required for USDN stablecoin is provided through WAVES, this is a sampling of the financial system in the real world !! National currencies use gold as collateral, and all the value of gold is due to its collateral. It may seem strange, but suppose under international treaties something like iron was used as collateral, in which case gold had more ornamental value Up to real value! For more information, you can read these two articles ... (English and Persian)

https://snj.medium.com/money-the-made-up-thing-that-we-cant-live-without-f15ccb99b7a2 ( English )

https://o-hep.medium.com/?p=375da5d3655 ( Persian )

As for the value of waves, the higher $USDN marketcap, the more locked waves tokens are needed, and the more waves tokens are locked, the higher the purchase of wave tokens from the sales of waves.
Look at the picture above, in recent weeks an .....

#cryptocurrency #de-fi #english #waves

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06.04.2022

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مسافر ...💙 · Answer 1

.... 2 of 2 ..... average of about 40 million USDN tokens have been added to the market per day (total tokens in circulation so far 1.06 $billion), In fact, my prediction is that when USDN marketcap exceeds 1 $billion, it will grow faster. You can see USDT chart and other growing stablecoins, all of which have grown significantly after crossing 1 $billion marketcap. This means that the higher USDN reaches the marketcap, the more waves Used as collateral and the higher the price of waves. https://medium.com/neutrinoteam/analyzing-usdn-and-dai-4567b039ffd1

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1 of 2 ....... Why should we not be afraid

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