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PaulyD-

So... it appears no matter the current price of UST,

Nexo appears to just treat it as $1.

Is this correct? I mean... it sucks that I got no arbitrage out of this... but at least I didn't lose too much either. But it still sucks.

#cryptocurrency #english #nexo
0

3 ответов

28 просмотров
Alex-Nexo / No support via DM

No, what do you mean?

0
10.05.2022
PaulyD- Автор вопроса

So, when I sold some BTC this morning for UST to capitalise on the low price of UST while it was rising, I anticipated I'd make 4 or 5% more when I sold back the UST to get BTC (seeing as BTC didn't move much today). However, when I look at the price of BTC at the time (about 31k) my transaction purchased at 33k - as though UST was $1.

0
10.05.2022
H-S
PaulyD
So, when I sold some BTC this morning for UST to c...

BTC v UST higher price the BTC v other stable coins reflecting UST being sub $1

0
10.05.2022

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