Post
Topic
Board Announcements (Altcoins)
Re: Obyte: Totally new consensus algorithm + private untraceable payments
by
xenon131
on 28/04/2021, 10:01:05 UTC


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


I don't whine about anything. I like transparent stuff.  You answer has proved that 100 OUSD can not be swapped to 100 USD. If I use OUSD-Gbyte  then  Gbyte-BTC and BTC-USD route afterword  I will get far less than $100. That is why I would rather consider this particular asset as algorithmic   asset which remains relative  "stable" within  its bounded  algorithm but not in the real life.