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VAI is pegged to 1$, it can not fall below that.

You can look up this doc to understand how the stability model works :) https://docs-v4.venus.io/whats-new/psm

In the past VAI depeged as didnt had any fee ...to avoid it... VAI Will fluctuate as stablecoins...but its value is 1$ The Team already handle the old issues and made even stronger VAI (to keep the peg)...besides CRV Will have Vai pairs Soo its clear Vai is already expanding

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