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General Discussion / Market pegged assets
« on: August 30, 2017, 01:49:35 pm »
Hi all,
Here is a noob question. What is the benefit of issuing market pegged assets such as bitUSD using my BTS as a collateral? From the documents, it sounds like I need to lock my assets which is 200% worth of what I get, worry about adjusting my collaterals to respond to the market, and gain nothing eventually. It sounds much better to just buy the bitUSD others have issued than issuing my own. Am I missing something?
Thanks,
Gloine
Here is a noob question. What is the benefit of issuing market pegged assets such as bitUSD using my BTS as a collateral? From the documents, it sounds like I need to lock my assets which is 200% worth of what I get, worry about adjusting my collaterals to respond to the market, and gain nothing eventually. It sounds much better to just buy the bitUSD others have issued than issuing my own. Am I missing something?
Thanks,
Gloine