Post
Topic
Board Announcements (Altcoins)
Re: Obyte: Totally new consensus algorithm + private untraceable payments
by
tarmo888
on 27/04/2021, 12:02:54 UTC

What bounded assets? They are called Bonded stablecoins, like bonding curve. Use actual words.



No matter how many times I will  repeat stable those bounded assets  will not become such.  As they say "you can put your boots in the oven, but that don't make them biscuits ".



Version 1 was stable enough, version 2 is even more stable.




Stable relative to what, $ , BTC or Gbyte?

Why you call them bounded? There is no such thing, there is bonding curve and Bonded stablecoins.

Obviously, they are stable relatively to their pegged asset? What else should they be stable with? OUSDV2 is stable to USD value, OBITV2 is stable to Bitcoin value, OETHV2 is stable to Ethereum value and OAUG is worth same as 1 gram of gold.

OK, to convince me show the  step-by-step practical way   how  can I  sell  say 100 OUSD for $100 (or at least for $99) using the current exchanges, pools and rates.  I’m sure you can’t do it. You can talk a lot using theoretical arguments, but a theory without practice is worthless for me.

What's your argument now? That it's not a stablecoin because it's not listed on centralized exchange? Or you just whine about small liquidity because small marketcap?

You can sell OUSDV2 to GBYTE and GBYTE to BTC or USD.
https://ostable.org/trade/VLKI3XMMX5YULOBA6ZXBXDPI6TXF6V3D/buy-redeem