Is there a good resource that explains how dusd attempts

Question

DeFiChain - International

Ben

Is there a good resource that explains how dusd attempts

to maintain its peg? I say attempts because it has more volatility than I'd expect for a stablecoin.

#blockchain #cryptocurrency #defichain #english

0

30.05.2022

4 ответов

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Spencer L

It should have more volatility than a typical stable coin, and that’s pretty accepted here. We just introduce new features to help keep it line a bit. Just like in dStocks we have future swaps. :)

0

31.05.2022

Spencer L

For example, in the beginning of the year when dTokens were introduced, everyone wanted to buy DUSD and dTokens so there was a giant premium on them. DUSD was like $1.1-$1.2 at the time, but we introduced a feature to pay back vaults containing borrowed DUSD with DFI, which allowed DUSD to fall back around $1. We’ll always figure something out.

0

31.05.2022

Ben Автор вопроса

Spencer L
For example, in the beginning of the year when dTo...

Cool thanks!

0

31.05.2022

Spencer L · Accepted Answer

Spencer L

DUSD isn’t “pegged.” While we agree it should be around $1, we want to be more free-market and not so much pegged, because if it loses the peg, it will cause mass panic like LUNA vs. a free-market where it just kind of floats around near $1

0

31.05.2022

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Is there a good resource that explains how dusd attempts

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