Oh man... We have such USDN because we put lot

Question

Neutrino Protocol - Official group

Martin WL

Oh man... We have such USDN because we put lot

of waves in the SC. Those waves came from market. Where the waves you want to add come from?

#cryptocurrency #english #neutrino

0

20.08.2022

7 ответов

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Martin WL Автор вопроса

Usdn is not waves. It is USDN.

0

20.08.2022

Universal Beats

Martin WL
Usdn is not waves. It is USDN.

Martin, the pros seem to outweigh the cons of putting extra USDN into the market due to buying WAVES with them to then lock in SURF. PROS: Higher WAVES price (existing collateral increases in value). Fewer WAVES on the open market. More WAVES in SC as collateral. Higher (BR) backing ratio. CONS: More USDN on open market (but not more USDN created). Uncertainty: USDN may or may not lose additional peg due to extra USDN on the market since the added confidence of more than doubling the collateral in the (SC) smart contract may or may not offset this.

0

20.08.2022

Martin WL Автор вопроса

maverick
Don't be too dogmatic

When you explain me where the waves cone from to increase the collateral in market, you can call me dogmatic. Meanwhile you are just violating basic mathematical principales.

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20.08.2022

Martin WL Автор вопроса

Universal Beats
Martin, the pros seem to outweigh the cons of putt...

You are mixing conversations. Maverick says that he can add waves into sc without dumping USDN into market. I am asking him where the waves cone from then.

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20.08.2022

maverick

Martin WL
You are mixing conversations. Maverick says that h...

magically.

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20.08.2022

Martin WL Автор вопроса

maverick
magically.

Ok, you don't have any answer

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20.08.2022