Peg?
0,93ct is quite good
Considering the UST collapse, USDX fell to the 50-60 cent range and has recovered nicely.
When the whole Terra Ecosystem collapsed.
Why is usdx not recovering to 1usd peg if its overcollaterized?
Market price and volatility are a function of an asset’s supply and demand flow rate in that market. USDX asset design has features that can be tuned to potentially impact the rate of supply/demand of the asset and thereby the price in markets, but only indirectly.
Its not answering why there is no incentive for me to buy usdx
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