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

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.

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