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Graham🇮🇪

Think he's asking about why is the depeg getting worse

and worse ? 🤔

#english #exchange #waves

21.11.2022

5 ответов

11 просмотров

Marco

Yes

21.11.2022

Graham🇮🇪 Автор вопроса

Marco
Yes

Well the demand for usdn isn't there at the moment so they are bringing out powerdao hoping that will give more reasons to hold usdn etc but this these market conditions I'd give it 19 months till usdn is OK

21.11.2022

julia

Marco
Yes

So, the threshold of USDN from the IDO claim gets the pressure on USDN price, as every day ~500k of USDN are sold at the market at the current price, setting it lower and lower, as a result we see USDN depeg.

21.11.2022

julia

Ok, what's the reason then?

21.11.2022

Graham🇮🇪 Автор вопроса

julia
Ok, what's the reason then?

Maybe to much selling coming from somewhere else ? Sasha maybe ?

21.11.2022

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