Not a good idea. Why on earth would we implement a UST copy right now? Very risky and if we have learnt anything from LUNA UST crash stop this proposal!
USDD will not be added on our regular money market. It will go in our Isolated Lending platform TRON pool with other TRON assets and userâs will be able to borrow only TRON assets from that pool against it so that it doesnât affect Venus in any way.
More details later as we get closer to releasing our new products.
Safety and security of our Userâs funds is first.
This, is a good idea. Thatâs how Curve pools works, they let anybody add any token in their isolated meta-pools. No objection USDD or any other doomed coin is added if it doesnât add risks.
That said, about adding more stablecoins, what about making VAI great again? Itâs almost pegged now, more than USDD, but I still wish seeing working fine (like its model DAI) one day. Fixing its peg is planned for 18 months now.
While USDD peg remains strong for now, I admit, Algorithmic stableoins are not working better overall:
- USDN has lost its peg @0.954
- US House plans to simply ban those algorithmic stablecoins
USDN looks dead for good, now @0.54
Whoâs next ?