Guys , did anyone notice that , when you claim

Another question That the usdx depeg is fixed due to ust being fixed, but now busd is fixed, it means that if something happens to busd, usdx will fall again.

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20.05.2022

Honka H

It can but BUSD is fiat backed unlike UST

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20.05.2022

Cameron | Kava (I will never DM first)

Yes. Darren shared good feedback a while ago, and I passed it to the team. In my opinion, BUSD is one of the safest stablecoins. I don't know if anyone knows about this, but Paxos is the issuer of BUSD, and it is 100% backed by fiat. You can read more about it here. - https://paxos.com/busd/

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20.05.2022

Farhad

Honka H
It can but BUSD is fiat backed unlike UST

True, but we also trusted ust that such a disaster befell usdx!

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20.05.2022

Ngan Tran

Farhad
True, but we also trusted ust that such a disaster...

UST is a wrong model. It can not be survived. Next algo stable coin should be died same as the coin

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20.05.2022

J

Cameron | Kava (I will never DM first)
Yes. Darren shared good feedback a while ago, and ...

This is 100% correct, but a question that I have seen floated that would be great to know is….. If there was some FUD story about Binance (some scandle, does not matter what, something fake) that temporarily tanked BUSD price to say 0.85, would the team be “forced to take action” like they did last week? The catch22 is this would open the same attack we just had, so the team only had bad choices to choose from. If the answer is no, at what price would they act? Yes, yes, I understand this is like a 1% chance issue, but in crypto there is massive manipulation from whales, so all scenarios must be accounted for.

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21.05.2022

Who-is-Who

J
This is 100% correct, but a question that I have s...

Busd won't able to crash Because binance can Mint or buy back it very easy Problem with busd is bep3 protocol Dead protocol that only kava using it😒

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21.05.2022

J

Who-is-Who
Busd won't able to crash Because binance can Mint ...

I agree with your points, I have the same beliefs. But why prevent the team from addressing the issue? The children are scared and having a temper tantrum all week. The adults in the room, just want clarity and to put the issue to bed. As long as it lingers out there we are not done with this nonsense.

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21.05.2022

CryptoDaz (Darren) · Accepted Answer

That is due to a nifty little feature that most users are unaware of If you have any 'Available' (Unlocked) Kava that is delegated to a validator (Staked) then claim freshly earned that is vesting, the system will automatically switch the vesting and non-vesting Kava around where possible This is a useful way of avoiding the 21-day undelegating period Example If you have 1000 Kava delegated/staked (600 Vesting and 400 non-vesting) and then claim 100 Kava (12 month vesting) Your Kava will switch around and you will have 100 Kava 'Available' in your wallet and the staked kava will now consist of (700 Vesting and 300 non-vesting)

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Guys , did anyone notice that , when you claim

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