wallet for this reserve? How do you know if it really exists?
The 10 billion will be added over time to the reserve and back the USDD So basically what you see on coinmarketcap and coingecko are the reserve being added
As per white paper by the end of the year this will be collected and placed against the token so the market cap will be around this or over 10 billion and viewable on blockchain
are they exchanging usdd for reserves and burning the equivalent in TRX?
You should read tdr.org USDD.io
Yes to do this TRX has to be bought first to mint and be burned first Also USDD will keep more usd backed reserves as mentioned in Justin's AMA to back USDD rather than unstable tokens in order to make sure it balances 👍
Basically it's not Luna 😂
I thought about this hypothesis but I couldn't find the information, thanks for making my search easier
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