Event JSON
{
"id": "e02b2a74a0f7c1b028c9ebe16c0243f70d51a5b5434071550c2ebdb3670a3c05",
"pubkey": "4f02cb250da07a2fafdf1bc40bee1360da7f1b68767142469a04f0b13776608a",
"created_at": 1736503429,
"kind": 1,
"tags": [
[
"r",
"https://crypto.news/stablecoin-developer-usual-faces-backlash-after-changing-redeem-function/"
],
[
"subject",
"Stablecoin developer Usual faces backlash after changing redeem function"
],
[
"published_at",
"1736501219"
],
[
"image",
"https://crypto.news/app/uploads/2024/09/crypto-news-Stablecoins-option01.webp"
],
[
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"4f02cb250da07a2fafdf1bc40bee1360da7f1b68767142469a04f0b13776608a",
"wss://articles.layer3.news"
],
[
"imeta",
"url https://crypto.news/app/uploads/2024/09/crypto-news-Stablecoins-option01.webp"
],
[
"t",
"Technology:perspective"
],
[
"summary",
"USD0++ is not a stablecoin but a staked version of USD0 designed to lock funds for four years while earning USUAL tokens as rewards. The recent updates have made USD0++ riskier and less appealing, leading to a wave of selling and a price drop."
]
],
"content": "nostr:nprofile1qyd8wumn8ghj7ctjw35kxmr9wvhxcctev4erxtnwv4mhxqpqfupvkfgd5pazlt7lr0zqhmsnvrd87xmgwec5y356qnctzdmkvz9qjj8vg8\nhttps://crypto.news/app/uploads/2024/09/crypto-news-Stablecoins-option01.webp\nStablecoin developer Usual is under scrutiny after changing 1:1 redemption mechanism for USD0++, its yield-bearing staked token tied to the USD0 stablecoin. USD0++, the staked version of the USD0 stablecoin by Usual, dropped to $0.92 — 8% below its previous…\nhttps://crypto.news/stablecoin-developer-usual-faces-backlash-after-changing-redeem-function/",
"sig": "15ecdea45b7842910c5a4385bc599a08fa2f80d15560c8e244bf4c5c785f91ebc07902b4b9d0fdd6108ea41c6cf19255ef4946740bd0fd089beec8476716b3a8"
}
