Guest Post by Linear Finance: Discussion: Achieving and Maintaining Stablecoin Peg in Times of Uncertainty | CoinMarketCap

  • 📰 CoinMarketCap
  • ⏱ Reading Time:
  • 29 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 15%
  • Publisher: 63%

Canada News News

Canada Canada Latest News,Canada Canada Headlines

CMCCommunity Spotlight ✨ Discussion: Achieving and Maintaining Stablecoin Peg in Times of Uncertainty 💪 LinearFinance Crypto CoinMarketCap CMC CMCY $LINA

We have prepared this post in the spirit of transparency. Over the last couple of months, the team has been looking into several options to help stabilize the ℓUSD peg to USD. The ℓUSD peg is something that we are constantly looking to fix, so investors who use Linear Exchange trust that when they exit their trades, they will have a token that is pegged 1:1 to the US Dollar.

Consider if this will be a long-term solution or just a small patch for a couple of days/weeks. Given that we’re in a bear market, many users need ℓUSD to increase their P-ratio to start claiming weekly rewards again. Many users may start buying ℓUSD when they see the price back at 1:1 BUSD and push the peg back up, so we need to consider if the funds in the PPF will suffice.

Additionally, it is possible to consider using the weekly rollover fees in ℓUSD. This ℓUSD would be ready to use, unlike LINA rollover rewards that need to build ℓUSD at a 450% P-ratio.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 290. in CA
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

LinearFinance Good!

LinearFinance You would be better off discussing something like this with someone at Tether rather than some no-name

LinearFinance The future for this project is unique🚀👌

LinearFinance Thats nice

LinearFinance BNB

LinearFinance BNB

LinearFinance

LinearFinance BNB

LinearFinance

LinearFinance - Fully community-driven token ✅ - The safest smart contract ✅ - Passive Income Technology ✅ - Many use cases ✅ - Almost +510k holders ✅ - The most active community Meet with PitbullToken BscPitbull

LinearFinance

LinearFinance Thats nice

LinearFinance FACT

LinearFinance BNB

LinearFinance FACT

LinearFinance Thats nice

LinearFinance Thants nice

LinearFinance Thats nice

LinearFinance BNB

LinearFinance

LinearFinance

LinearFinance

LinearFinance

LinearFinance Bots, 123 go;

LinearFinance

LinearFinance Thats nice

LinearFinance everfrogeinu join us 💪🐸💸

LinearFinance FACT

LinearFinance Thats nice

LinearFinance BNB

LinearFinance BNB

LinearFinance BNB

LinearFinance

LinearFinance Thats nice!!

LinearFinance Thats nice

LinearFinance Thanks a millonn

LinearFinance Thats nice

LinearFinance BNB

LinearFinance Biggest rewards ever from VilatikBuretin thank you!

LinearFinance ChiefraFba gives the most accurate signals and analysis in my experience

Canada Canada Latest News, Canada Canada Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Hong Kong believes stablecoin volatility can spillover to traditional financeThe study also the crash of Terra USD (UST), an algorithmic stablecoin issued by Terraform Labs, which had caused mass redemption of Tether (USDT). Ok, but I only listen to ChiefraFba for signals and analysis I have a 91% win rate in 2 months of copying his signals 🚀 Breaking: Farms are live!! 50% APY on ETH , BTC , BNB and other Bluechips 🤯 No impermanent loss and 100% trustless!! 🤯 crypto defi Binance 🚀🚀🚀 It seems to me that over time the level of their safety will become as low as possible
Source: Cointelegraph - 🏆 562. / 51 Read more »