That’s a petty. I am bullish on defi in coming

Question

That’s a petty. I am bullish on defi in coming

months and have 50% dusd and 50% defi now in my light wallet. Any suggestions what to do extra with mine dusd. Was thinking to create a vault ?

#blockchain #cryptocurrency #defichain #english

0

16.08.2022

4 ответов

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Michel Schechtl Автор вопроса

Thanks. My only concern is when take a loan of DUSD and price of dusd rises to 1$ I have to pay back 30% more or don’t I see this right.

0

16.08.2022

DanieL BaptistA

Michel Schechtl
Thanks. My only concern is when take a loan of DUS...

Yes, the stabilization fee currently is still enforced if you want to exit the DUSD-stock tokens system, but will be reduced once all the peg is solved with the remaining DFIP's. Who knows, the demand may be so big that a premium is maybe observed (altough that is also to be counteracted) and people burn DUSD even faster, making the fee go lower faster. Anyway, I understand the concern and also recognize that the fee is, altough necessary for the moment, also demoralizing for people to trade in and out of the system and everyone is expecting the next hardfork to feel the results of all DFIP's, especially the one from Kuegi. And if all works well as expected and according some basis calcs on the proposal, not only the peg may be fixed, as well as DFI will pump. We will be all here to witness this move 🙂

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16.08.2022

CRYPTO FACTOR

DanieL BaptistA
Yes, the stabilization fee currently is still enfo...

Daniel - You always put so much effort into your reply’s here mate - well done. I’ve not been following TG as closely for a couple of weeks - but just catching up, I’m still super impressed by your diligent replies and support to all manner of questions and opinions - you deserve a medal 🏅 👍🏼

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16.08.2022

Mark76 · Accepted Answer

Mark76

Michel Schechtl
Thanks. My only concern is when take a loan of DUS...

DUSD is always counted as 1 USD in vaults

0

16.08.2022

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That’s a petty. I am bullish on defi in coming

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