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Я-

Does anybody know what the plan for Usdx is? It’s

seems though that it’s struggling to reach the peg and it’s trading like a normal cryptocurrency and not a stable coin. They mentioned that there is some plan in motion to get it back to the peg but as of now nothing has happened. The risk of it crashing is still there, isn’t it? @cryptodaz2 @cryptoswithcam

#blockchain #cryptocurrency #english #kava
0

7 ответов

43 просмотра
CryptoDaz-(Darren)

Here is a graph showing the USDX price on KavaSwap since the Kava10 launch

0
11.06.2022
Я- Автор вопроса
CryptoDaz (Darren)
Here is a graph showing the USDX price on KavaSwa...

I see that. But how is this stable? A stable cryptocurrency should not be moving like a normal crypto. Since the luna crash this hasn’t been fixed. Which is really disappointing to say the least.

0
11.06.2022
Mike-

It's moving back towards peg, what more do you want? Would you rather it go the opposite direction?

0
11.06.2022
Mindis-S.
Mike
It's moving back towards peg, what more do you wan...

but it goes the opposite direction, like the luna event has just happened.. very strange

0
11.06.2022
Mike-
Mindis S.
but it goes the opposite direction, like the luna ...

People who bought cheap USDX after the Luna crash are selling and taking profit, I don't see how this is strange. The general trend is up

0
11.06.2022
Who-is-Who-
Mike
People who bought cheap USDX after the Luna crash ...

its not strenge but keep in mind: who should buy usdx for returning peg when damage was caused by other platform team should use SAFU fund for buying back usdx and burning it. otherwise who buying usdx now has no backed so it can crash harder when current buyer buying it for shit rewards

0
11.06.2022
Я- Автор вопроса
Mike
It's moving back towards peg, what more do you wan...

Of course not. But seeing the way its price fluctuates makes me hesitate to invest in it. If such a big project like kava can’t keep a peg then why even bother investing in the stable if i can just buy another coin?

0
11.06.2022

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