VIP-XX (TBD) Support USDD on Venus

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 user’s will be able to borrow only TRON assets from that pool against it so that it doesn’t affect Venus in any way.

More details later as we get closer to releasing our new products.

Safety and security of our User’s funds is first.

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This, is a good idea. That’s 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 doesn’t add risks.

That said, about adding more stablecoins, what about making VAI great again? It’s 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.

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While USDD peg remains strong for now, I admit, Algorithmic stableoins are not working better overall:

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USDN looks dead for good, now @0.54
Who’s next ? :eyes: