mechanisms to keep it pegged?
several mechanisms but in principle being off peg for longer means vecrv prints. but everything is offpeg right now. the demand for leverage is high. people want to mint crvusd and sell it immediately which impacts rates significantly
I don’t understand any of that as i just joined you guys pool through beefy but will the peg restore soon?
That depends on the market. No promises are made here but usually when the market dumps (which is usually does), peg goes back up, and rates go down significantly for a long time
Whats is the current rate to supply crvusd ?
You want to supply crvusd?
Обсуждают сегодня