USDD COLLATERAL RATIO STATUS
After being de-peg to $0.98, the Tron DAO reserve has immediately deployed more funds to back up their stablecoin. Check the infographic to have an overview about their $USDD reserve.
#ratio #collateral #status
After being de-peg to $0.98, the Tron DAO reserve has immediately deployed more funds to back up their stablecoin. Check the infographic to have an overview about their $USDD reserve.
#ratio #collateral #status
USDD COLLATERAL RATIO STATUS
The reserve is contributed by two components: The burning $TRX contract and the reserve address.
The TRX Burning contract is the contract that contains the burnt TRX in the process of issuing USDD.
#ratio #collateral #status
The reserve is contributed by two components: The burning $TRX contract and the reserve address.
The TRX Burning contract is the contract that contains the burnt TRX in the process of issuing USDD.
#ratio #collateral #status
USDD COLLATERAL RATIO STATUS
The reserve address is the address that contains assets to back up the stability of USDD in case of a volatile market. The reserve is divided into 3 addresses and 2 kinds of assets.
#ratio #collateral #status
The reserve address is the address that contains assets to back up the stability of USDD in case of a volatile market. The reserve is divided into 3 addresses and 2 kinds of assets.
#ratio #collateral #status
USDD COLLATERAL RATIO STATUS
However, from a researcher’s perspective, I do only care about the assets aspects. The stable backed assets is about $840M, including $140M USDT and $700M USDC.
#ratio #collateral #status
However, from a researcher’s perspective, I do only care about the assets aspects. The stable backed assets is about $840M, including $140M USDT and $700M USDC.
#ratio #collateral #status
USDD COLLATERAL RATIO STATUS
And the USDD supply is only $723M, marking the collateral ratio by stable assets is 116%. The ratio is enough to stabilize $USDD despite any market conditions, even the worst.
#ratio #collateral #status
And the USDD supply is only $723M, marking the collateral ratio by stable assets is 116%. The ratio is enough to stabilize $USDD despite any market conditions, even the worst.
#ratio #collateral #status
USDD COLLATERAL RATIO STATUS
The other assets are $BTC, $TRX, and the value of those is about $531M. However with those stable assets above, the assets are playing as a defense barrier for $USDD to enforce the stability of $USDD.
#ratio #collateral #status
The other assets are $BTC, $TRX, and the value of those is about $531M. However with those stable assets above, the assets are playing as a defense barrier for $USDD to enforce the stability of $USDD.
#ratio #collateral #status
• • •
Missing some Tweet in this thread? You can try to
force a refresh
