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But is BR>1 enough ? Doesnt USDN need to be

overcollateralized ? Its not a fiat backed coin but algo stable coin. So BR of 2-2.5 should be the target ?

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But you don't get br>1 with bond token alone.for that you need changes to the swap system

It will be, but it's actually about the healthy balance.

The system will be build to always be near 1 I think, the incentive from both sides will be to put it back to 1

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