session is supposed to change their minds? They are not inaccurate in saying that the price of Waves will be severely impacted in price if USDN does end up going to zero.
I don't think that the minutia of exactly how USDN and Waves are used vs. how Terra Luna tried to maintain UST's peg...the fact is that neither UST nor USDN really exist outside of their respective ecosystems...and there is literally 0 chance that Waves price wont be extremely negatively impacted should USDN completely fail so I'm not exactly sure what line of reasoning is going to be used here to try and change minds?
Sasha is in VIRES chat right now. Maybe you should ask him there.
But already people dont agree abuout that
And anyway, because of usdn, upbit is deprecated and dump
In his last AMA session Sasha said that technically USDN has no impact on Waves, it's "just a project built on top of Waves", but he acknowledges that the community doesn't see it that way, so they will try to solve this problem, because if USDN fails, it would be a severe blow to Waves reputation and Waves' price would most certainly plummet
How No impact? When waves dumped since korean exchange decision, usdn also crashed at the same time. So there is impact each to other.
So it's not exactly UST/LUNA situation here, but still. I'm personally out of USDN now, but still in Waves, so I hope they will sort things out
Yes, that's because in people's minds USDN and Waves are linked
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