Well that is what was announced I remember. There ... @officialjustlend

Asked 1048 days ago
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Well that is what was announced I remember. There was no mention of apy lowering if usdd goes depegged. And if there are 300% reserves it shouldn’t be staying depegged for long

asked 1048 days ago

1 Answers

Answer:It is understandable that TDR wants to save their reserves for potential TRX dumps, but it is also important to ensure that USDD remains pegged to USDT. If USDD does become depegged, it is important to have a strategy in place to ensure that it is quickly re-pegged. One way to do this is to use the reserves to support USDD during the depeg. This could be done by increasing liquidity in exchanges, buying USDD with the reserves, or providing incentives for users to hold USDD. Additionally, providing rewards for staking USDD in JustLend or Sunio could help maintain the peg. Ultimately, it is important to have a plan in place to ensure that USDD remains pegged to USDT, and using reserves to support USDD during a depeg could be an effective strategy.
answered 1048 days ago
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the whitepaper did mention that the 30% apy will be there until the supply hit 2B mark. However we need to be flexible. making too high apy will cause public to think usdd is just like UST or unsustainable. Actually if you lock usdt-usdd lp in sunio , you can achieve 30% apy.Not sure about that because i only stake usdd in justlend.(6-20% if you know how to play around) Secondly, you raise an important question. How come TDR doesn't want to use reserve to support usdd during depeg? Hmm i think they need to save bullet. In case some speculators dump trx, they need to use that find to support TRX as well. If usdd can be pegged to 1 without much intervention of TDR, isn't that be good?Just my opnion
answered 1048 days ago

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