Is there an update or forecast on dusd being at

Question

DeFiChain - International

From Rich to Rekt

Is there an update or forecast on dusd being at

peg again? What are the expectations based on last month(s)?

#blockchain #cryptocurrency #defichain #english

0

18.07.2023

16 ответов

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From Rich to Rekt Автор вопроса

Roger Dawn
Well, number of algodusd has been increasing due t...

Doesnt sound too good tbh 😅

0

18.07.2023

Roger Dawn

From Rich to Rekt
Doesnt sound too good tbh 😅

No need to sugar coat it, many of bigwigs of the community believe that DMC will be so big of a success that will drive demand for DFI so high that the price many X i really hope they are right but success of DMC will depend of the projects and also bring back trust in the system that has been very damaged due to dusd, personally I think the jellyverse sounds good hopefully the have a jtoken system that works sounds more capital efficient due to lower collateral ratio but that will only help if certain amount of DFI is required, also other project is about gambling that might help. It seems there are interesting projects hopefully it is enough to bring new Capital to the ecosystem cause atm a bullrun doesnt seem to be helping considering most altcoins already 2 o 3x from their current cryptowinter low and DFI is not really doing that well plus inflation still kind of high

0

18.07.2023

Kulba Kasini

All the theoretical algo things work well in a bullmarket. A bearmarket just ticks differently. The next bullrun will solve alot of issues if we survive until then...

0

18.07.2023

Roger Dawn

Kulba Kasini
All the theoretical algo things work well in a bul...

This year has been kind of a bullrun from December at least and it hasnt have impact in DFI price, a real bullrun will bring new coins and probably especulators will put money in those thinking or hoping that coin will 100x and lets be honest most altcoins never comeback just look at the top ten throught the long crypto history, the best hope we have right now is the success of DMC

0

18.07.2023

From Rich to Rekt Автор вопроса

Roger Dawn
This year has been kind of a bullrun from December...

Or just come up with some hardcore dfips? All lm rewards to the buy and burn bot for example? Or some other genius ideas, sacrifice everything to bring the peg and move forward

0

18.07.2023

Roger Dawn

From Rich to Rekt
Or just come up with some hardcore dfips? All lm r...

Even if we use all remaining DFI thats only 160 Million DFI thanks to NI we will need to burn around 400 Million dusd, some members think we dont need to burn them all but i dont think many people will trust an undercollateralized system

0

18.07.2023

From Rich to Rekt Автор вопроса

Roger Dawn
Even if we use all remaining DFI thats only 160 Mi...

So we're doomed 🙈😂

0

18.07.2023

Bernd Mack

Roger Dawn
Even if we use all remaining DFI thats only 160 Mi...

100% collateralized resulted in massive premium and "zombie vaults". so 100% would be not so good :)

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18.07.2023

Roger Dawn

Bernd Mack
100% collateralized resulted in massive premium an...

Well we can all agree premium was way than current situation i dont know what zombie vault is

0

18.07.2023

Roger Dawn

Roger Dawn
Well we can all agree premium was way than current...

Way better than current situation

0

18.07.2023

Bernd Mack

Roger Dawn
Well we can all agree premium was way than current...

In short: it will allow me print money on the back of the community. We do not want that.

0

18.07.2023

Bernd Mack

Roger Dawn
Way better than current situation

Disagree ❌

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18.07.2023

Roger Dawn

From Rich to Rekt
So we're doomed 🙈😂

NFA other option could be swap all your dusd to Microstrategy that is basically a Bitcoin ETF if Bitcoin goes back to ATH Microstrategy might double and Bitcoin rising could increase DFI price in dollar terms and then you might actually get out of the system even

0

18.07.2023

Josiah

Roger Dawn
Well, number of algodusd has been increasing due t...

Is it still the case that DFI needs to reach a certain price before we can get DUSD to have a peg?

0

19.07.2023

默默啃书小凳子~

Josiah
Is it still the case that DFI needs to reach a cer...

Yup, or Dusd repeg then DFI will pump

0

19.07.2023

Roger Dawn · Accepted Answer

Roger Dawn

Well, number of algodusd has been increasing due to the FS and considering dstocks still in a discount that trend will continue this week, there is only around 70 Million DFI left to buy dusd so DFI really needs to moon, hopefully DMC and a bullrun help

0

18.07.2023

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