Dollar Stablecoin Depegged Dropped 20% in 24 hours, price fell from $0.8 to $0.55 Just checked, this coin had previously depegged Founder Kain stated that sUSD's anchoring repair mechanism is in transition, having sold 90% of and increased position Critically, this was not caused by insolvency or technical failure, but by market behavior imbalance due to design flaws in the incentive mechanism
This article is machine translated
Show original

From Twitter
Disclaimer: The content above is only the author's opinion which does not represent any position of Followin, and is not intended as, and shall not be understood or construed as, investment advice from Followin.
Like
Add to Favorites
Comments
Share



