I know that sir, But what I see even the First implementation of sbd as pegged asset already fail, even the first it was implemented.
I don't even trust tether as pegged asset to Usd, it also fail,
I know also sbd was created for stability of the platform or for the success of the platform.
You must considered also the the views of the traders who gave price of the coin,
Still, moving into a two way conversion pose a threat of the plat form.
Still I believe, SBD cater the success of the platform and it did.
and still, Even the first place, sbd was not really pegged asset, unless you have funds already back up in the market,
Still sbd fails to be $1 each since it is bitcoin who gave the sbd price not usd.
At least sbd became $1 usd in algo runs in the platform, but you must consider first the current value of sbd given by the market, or if not you want to manipulate it also to going down,
Pegged asset should be back up by funds as it was a debt instruments, did it exist? where? if it is, it already fail since it was implemented.
I know that sir, But what I see even the First implementation of sbd as pegged asset already fail, even the first it was implemented.
I don't even trust tether as pegged asset to Usd, it also fail,
I know also sbd was created for stability of the platform or for the success of the platform.
You must considered also the the views of the traders who gave price of the coin,
Still, moving into a two way conversion pose a threat of the plat form.
Still I believe, SBD cater the success of the platform and it did.
and still, Even the first place, sbd was not really pegged asset, unless you have funds already back up in the market,
Still sbd fails to be $1 each since it is bitcoin who gave the sbd price not usd.
At least sbd became $1 usd in algo runs in the platform, but you must consider first the current value of sbd given by the market, or if not you want to manipulate it also to going down,
Pegged asset should be back up by funds as it was a debt instruments, did it exist? where? if it is, it already fail since it was implemented.