What is Nostr?
Bill Cypher /
npub1qyx…mu7u
2025-02-13 14:50:57
in reply to nevent1q…x22t

Bill Cypher on Nostr: So, pegs will always break when the exchange rate changes quickly unless you have an ...

So, pegs will always break when the exchange rate changes quickly unless you have an infinite supply of both currencies. People will try to exploit the change in rate vs your offered peg to their advantage.

This might be a bad idea to launch right before a bear market for that reason.
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