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by pietjepuk88
1198 days ago
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> > The ability to redeem LUSD for ETH at face value (i.e. 1 LUSD for $1 of ETH) [...] create a price floor That is not entirely true though; it costs money to redeem LUSD for ETH. Earlier today it was 2%, so not particularly cheap. That would put the floor at 0.98 at least momentarily. |
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