It can use either a centralized exchange or algorithmic mechanism to hold the peg. So this design pushes all the risk onto another layer. Understanding these risks is key to understanding the long-term stability of a system like this.
It can use either a centralized exchange or algorithmic mechanism to hold the peg. So this design pushes all the risk onto another layer. Understanding these risks is key to understanding the long-term stability of a system like this.
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