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By the way, what do you mean by the wavescap

chart? Is there any other chart for XTN other than the price?

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It's show the xtn supply too

Crypto-Jedi Автор вопроса
Cocaine Maxi
It's show the xtn supply too

Just a number not a chart, right?

https://wavesonchain.com/on-chain/neutrino/xtn-burn

Crypto-Jedi Автор вопроса
Cocaine Maxi
screenshot

I didn't realize it. Thanks!

Crypto-Jedi Автор вопроса
Crypto-Jedi Автор вопроса
Cocaine Maxi
screenshot

I still want to know how XTN will be backed or not backed. How it will have value to repeg.

Crypto Jedi
I still want to know how XTN will be backed or not...

you are asking these questions nearly 2 years too late.

Crypto Jedi
I still want to know how XTN will be backed or not...

It’s backed by miners buyback and some collateral in Neutrino treasury. The buyback will eventually lead to repeg

Crypto-Jedi Автор вопроса
Ivan | 🔥BURN-XTN x 🌀WHIRLPOOL project owner | see bio
It’s backed by miners buyback and some collateral ...

Any specific plan about the target collateral amounts? No matter how much buy back, collateral will be needed to repeg. If not, we are back to where we were before.

Crypto Jedi
Any specific plan about the target collateral amou...

I don't know about the collateral target amounts. Buyback does matter, you could have no collateral and have peg. (XTN is not a stablecoin anymore). Fiat has no collateral, but there is always demand(=buyback), so you can redeem it's value.

Crypto-Jedi Автор вопроса
Ivan | 🔥BURN-XTN x 🌀WHIRLPOOL project owner | see bio
I don't know about the collateral target amounts. ...

I know XTN is not a stablecoin any more. But the goal is to go up to $1 anyway. We went through the algorithmic stablecoin craze with UST, and USDN had problems too. That's why we are here. Regardless how much collateral, we need to see the revised plan if the original was changed. Sasha seems emphasizing DAO these days. You need to be transparent to be a dao.

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