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0 sats \ 1 reply \ @OT 30 Jan 2024 \ parent \ on: Where can one get a line of credit using BTC as collateral? bitcoin
I'll have to look into it a bit more. Who prints the ZUSD then? Is it just the protocol or Sovryn?
Do you think there's any chance RBTC can lose its 1:1 peg?
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0 sats \ 0 replies \ @ama 30 Jan 2024
Indeed, ZUSD are minted when you borrow them and burned when you give them back.
I don't think there is any chance for the peg to be broken, but when you move from the base layer there is trust involved, in the case of RSK you trust a federation (powpeg).
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