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@Benzenoid DAI has a 2% or more premium on other

stables in Pulse ecosystem but outside of the chain same value. You think it is worth to hold DAI over other stables inside Pulse? It has more liquidity also but you take a hit if exchanged for other stables now.

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All stablecoins on Pulsechain can be bridged over to Ethereum, so it makes no sense to buy DAI when it has a premium. Its premium is just the consequence of dumb whales and sharks buying DAI due to high AMM liquidity (low slippage) and the bridge being congested yesterday (limited arb speed). It makes no sense for small fish to imitate them, as small fish have zero slippage on trades.

T.C. no dm- Автор вопроса
Nenad [I won't dm you]
All stablecoins on Pulsechain can be bridged over ...

It worries me for panic low buying attempts that DAI is leading price it hit a low of 0.00004056 on PLS while other stables traded 26% higher at the panic low. So you think that was due to bridge issue and higher AMM liquidity and will likely not be replicated at the next panic low. I do not know the state of bridge is it up with full speed again for arbitrage guys?

T.C. no dm
It worries me for panic low buying attempts that D...

The bridged tokens are redeemable for the originals - always keep that in mind when speculating on premiums and discounts. That is true for all derivatives. Price slippage, which depends on on-chain liquidity, can increase premium or discount, but context is still very important, else one can easily do some dumb move.

T.C. no dm- Автор вопроса
Nenad [I won't dm you]
The bridged tokens are redeemable for the original...

So in theory if people are rational and bridge gets faster for arbitrage they should trade roughly at the same price at the next low for PLS or HEX and so on.

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