What is Nostr?
jeremycady / Jeremy Cady
npub1zfw…sl0t
2024-05-14 22:40:38
in reply to nevent1q…6sea

jeremycady on Nostr: Thank you for that. But how is the USD token pegged to USD? It requires a lightning ...

Thank you for that. But how is the USD token pegged to USD?

It requires a lightning payment (Bitcoin) to enter/exit.

So what happens if everyone enters now at $61k, and then price drops to $55k, and everyone attempts to exit?
Author Public Key
npub1zfwrn5gnl9gml2lnr8kmarqdsd9yle7l5rvv84prz0ghjq8nerrs73sl0t