@PrinceCOTInetwork Can we get a news release categorically refuting the

Question

COTI - Currency of the Internet

Jay [COTI Love Node]

@PrinceCOTInetwork Can we get a news release categorically refuting the

144 observations by BIS that DJED ever lost its peg? 🙏

https://www.bis.org/publ/bppdf/bispap141.pdf

#coti #cryptocurrency #english

0

18.11.2023

5 ответов

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JP 🇵🇱 Test node: Fire.kpcotinode

Стикер

0

18.11.2023

Stefan | COTI Unity Node (testnet) Y

People still don‘t understand that people selling DJED below 1$ on the open market, while it can always be burned on the platform for 1$, doesn‘t mean that it has depegged.

0

18.11.2023

soeren jensen

Stefan | COTI Unity Node (testnet) Y
People still don‘t understand that people selling ...

You can refute this in a 1000 different ways, certain people will still try and drive a certain narrative.

0

18.11.2023

Zippy Zoro | Resolute Node

Stefan | COTI Unity Node (testnet) Y
People still don‘t understand that people selling ...

BIS are taking the price above $1 and not just below. they count a depeg as anytime the price differs from $1. They also use price on CoinGecko and not price of mint/burn on Djed.xyz which has always been $1. I don't think the team needs to refute this as they have already done videos and tweets explaining how taking an exchange price can be misleading as it's not the real real mint/burn price for the majority of users. It should however I think be noted that if you are from the US or from other countries which are restricted on Djed.XYZ platform then yes the the exchange price is real price and to those users there a depegging that I guess has happened, as they can only access Djed via dex's/exchanges

0

19.11.2023

Prince || COTI · Accepted Answer

Prince || COTI

I have already informed the team about this yesterday.

0

18.11.2023

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@PrinceCOTInetwork Can we get a news release categorically refuting the

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