8 ms·
Since all of those went down together just now, I think that might not be enough.
by arcticbull 5y ago
Since all of those went down together just now, I think that might not be enough.
- TrapLord_Rhodo 5y agowell you only get a depeg with huge volitilty. Luna dropped 97%, that's why it depeged. Synethic SnP, real estate is like 10% max which isn't high enough volitilty to lead to what esseentially was a bankrun on UST. The problem is getting people to trust the underlying collateral. Also, you can take the Dai approach and be over collateralized. Dai is at 150%, instead of trying to maintain parity.