They call 300% collateral.
Why price that bad?
Can I buy Tron stablecoin, take the collateral and sell?
Then it must be 1$.
Or is this fake collateral that's there but nobody can use?
Because the price drops, it looks like it's fake.
Otherwise, exchanges and whales would go BRRRRRRRRRRRRRRRRRRRRRRRRRRR
Zero Next.
Buy the dip
I’d never buy anything with Justin Sun involved.
Don't DePeg my MeMe-Life Balance bliat
It's basically a copy of LUNA without learning from it. So what did you expect?
Posted Using LeoFinance Beta
My guess is that it works like DAI. Only the minter can get their collateral back when they return the tokens.
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