0 sats \ 1 reply \ @skiff 4 Nov 2022 \ on: Fuji Money AMA bitcoin
What's the reason the peg between fUSD and USD is 1:1.5 instead of 1:1?
Thank you
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0 sats \ 0 replies \ @fuji_money OP 4 Nov 2022
Since the bitcoin value is volatile, the 50% extra collateral is needed to account for fast crashes to be able to sell the collateral in time
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