The 5-Second Trick For yield farming platforms
USDR, a USD-pegged stablecoin introduced by Tangible, depegged in October 2023. The depegging function was triggered by a surge of redemption requests, draining the USDR treasury of its liquid DAI reserves.Stablecoins can depeg as a result of a combination of micro and macroeconomic elements. Micro variables incorporate shifts in market ailments, f