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Hardy Har Har-

@Cryptoswithcam As long as there is UST to USDX

to BUSD, there is going to be selling pressure on USDX when people convert to BUSD. How is the peg going to come back as long as this occurs?

#blockchain #cryptocurrency #english #kava
0

4 ответов

15 просмотров
XX-X

Arbitrage opportunity is gone now that the peg was pulled

0
11.05.2022
Cameron | Kava (I will never DM first)-
XX X
Arbitrage opportunity is gone now that the peg was...

That's correct. Arbitrage opportunity got taken away when the fixed price feed was removed.

0
11.05.2022
Hardy Har Har- Автор вопроса
XX X
Arbitrage opportunity is gone now that the peg was...

yeah, for the UST to USDX, people still sell USDX for BUSD, even if it 0.70, it is still sell pressure on USDX.

0
11.05.2022
XX-X
Cameron | Kava (I will never DM first)
That's correct. Arbitrage opportunity got taken aw...

Good move by kava team to save the platform. Now they need to work on getting rid of the swp and hard token because they are going to zero on their own and that will be round 2 of this mess.

0
11.05.2022

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