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Exactly! SURGE never had a "peg" in my mind. Maybe I was wrong. There was a hope that it would maintain a dollar, but a guarantee that it would pay a yield.
The guarantee that it would pay yield was good for at least yhe 1st 6 months!
This is also what I understood from the debate a little while ago where someone basically said that floor price and peg are not the same.
It could easily get confused with each other IMO. So it is extremely weird that the SURGE yield has stopped too.
But then again, I'm not all that surprised that it got to this point.
!BBH !DUO !PIMP
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The guarantee that it would pay yield was good for at least yhe 1st 6 months!
This is also what I understood from the debate a little while ago where someone basically said that floor price and peg are not the same.
It could easily get confused with each other IMO.
So it is extremely weird that the SURGE yield has stopped too.
But then again, I'm not all that surprised that it got to this point.
!BBH !DUO !PIMP
View more