As we've all seen, USDR has suffered a serious depeg.
11 Oct 2023, 23:34
As we’ve all seen, USDR has suffered a serious depeg.
Over a short period of time, all of the liquid DAI from the treasury was redeemed.
This led to an accelerated drawdown in the market cap.
Combined with the lack of DAI for redemptions, and liquidation timeline on real…