U mean much more USDX was bought by UST?

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Kava Official

I lOve to waSte $cammer time

U mean much more USDX was bought by UST?

#blockchain #cryptocurrency #english #kava

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18.05.2022

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CryptoDaz (Darren)
I'm not sure exactly how it was handled or if OTC ...

After the calculations the loss should be refunded by the safu fund. This is important to recover trust from investors and give the coin a highly status. Now that UST is dead USDX can be a valuable alternative.

0

19.05.2022

CryptoDaz (Darren) · Accepted Answer

CryptoDaz (Darren)

I'm not sure exactly how it was handled or if OTC sales were involved at some point 13.8m UST would have been auctioned, if we say the UST price was $0.55 and USDX $0.60 Then the UST was worth $7.6m which was the equivalent of 12.7m USDX how much exactly was paid is not known yet, but you can see the fact that USDX and UST were still closely linked for 24 hours could certainly reduces any loss

0

18.05.2022

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U mean much more USDX was bought by UST?

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