3 ms·
could you explain this in a bit more detail? why it's difficult to mint new DEI, or why it's difficult to put collateral into the system? is the incentive that
by pas 4y ago
could you explain this in a bit more detail? why it's difficult to mint new DEI, or why it's difficult to put collateral into the system?
is the incentive that "currently it trades below 1.0, so I buy it, then redeem it for 1.0" which should drive the price up, right?
where does the money come from to finance this arbitrage? is there a redemption pool that shrinks every time someone executes this cycle?