Any plans for a dUST ?

If you have UST on Luna you cannot exchange that for DFI without using a CEX even if dUST was implemented. It would only allow UST/DFI to *technically* be traded through Cake.

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09.04.2022

Thiago Souza Автор вопроса

Spencer L
If you have UST on Luna you cannot exchange that f...

I see. Thanks for clarifying

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09.04.2022

Spencer L

Thiago Souza
I see. Thanks for clarifying

I see what you meant though, people are already starting to build bridges to DeFiChain so for example someone has built a working bridge to BNB (still very new and being tested for bugs, so it's unusable to us but it -is- working) Once we can get one working bridge it will get easier to build another, and so one day there could be a bridge to Luna so then you can actually swap UST on Luna for DFI on Luna and bridge it back to "regular" DFI.

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09.04.2022

Thiago Souza Автор вопроса

Spencer L
I see what you meant though, people are already st...

That would be amazing

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09.04.2022

Spencer L

Thiago Souza
That would be amazing

Yeah, here is an example of the bridge if you want to watch: https://www.youtube.com/watch?v=w3A1HeQPUW0 I bet someone out there is making bridges from luna to other networks (actually, I just found out there is: https://bridge.terra.money/). So in the future, when the above BNB/DFI bridge is launched with liquidity so you can swap DFI on BNB DEXes, you might be able to find a way to send your UST through the bridge to get UST on BNB, which you swap to DFI on BNB and withdraw back to regular DFI.

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09.04.2022

Spencer L · Accepted Answer

Spencer L

There wouldn't be any practical use for it though. The only difference is that the stablecoin is backed by UST instead of 1. USDT, 2. USDC, or 3. 150% of assorted collateral

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08.04.2022

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Any plans for a dUST ?

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