Usdn @0.97 now 🥳🥳 could it be because waves price also up to 7$ ?
So july now ?
Yeah... trust is gone. Those who sold in severe loss, those who got liquidated, those who bought in huge amount after it went down 10$ what about them ?
How is this transfer done ? Is there any email or you have meetings with dev team ?
Ok.. so the communication happens in a written way, correct ? 🤔
Attacks like this are not new now. What if after peg goes to 1, the whale swaps 500mn to usdt or usdc and pulls out ?
And this nsbt token can be bought using usdt or other stables only ?
There is no way to prevent liquidity squeeze attacks, is there ? 😥but ust situation arised because of technical flaw. To keep ust simple, he backed ust with other stables, lea...
How u know whale is she ? 😅😅 but anyway, if me understood correct, there is no direct swap between usdn to usdt and vice versa, unlike exchanges which allows at 0 fee.. to swa...
Not talking about luna... but usdn only. Usdn = waves + nsbt. But nsbt is a governance token. So only waves remains. Doesnt that make USDN undercollateralized ?
Do you guys agree with Sasha when he says that some people are out to kill algo stables since they cant be controlled by govt ? 🤔
we are discussing here but any idea if waves team is considering anything ? it would be great to have an ama... its about time
Even though market was crashing, UST was still stable. But it started going down when fud was orchestrated by same user who made waves crash. Also even USDN is also coming dow...
me have a question fromthe documentation. Is USDN backed only by waves ? if that's the case, then wouldnt price drop from waves will depeg USDN again ? is there a way to count...
me have a question. is USDN collaterized by waves only ? in case waves goes down again, wouldnt usdn depeg again ? is there any mechanism to prevent that ?
What does that mean ? 🙄
Who borrowed so much ?
Why today ? Anything special ?
Is that a trend reversal signal ?