how do investors make profit with stablecoins? i guess they cant only devs can when they issue new coins and keep manipulating the price for example usdt is supposed to be 1:1 with USD and has 2.7 billion marketcap but wont even have 2 billion USD in cash and rest is all profit for devs
Hello Jamesmakx, The HAV holders help in the regulation of the supply and price of Nomins by releasing and destroying them to achieve optimal collateralization, which in turn helps in maintaining the Nomins at $1.The Havven holders are compensated for this, with the transaction fees, charged during all Nomin transactions which are then proportionally distributed among them. Also, by holding stable-coins, investors are not affected by market fluctuations and price volatility of crypto assets.