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RE: Splinterlands DEC $1 Peg is Fascinating
25
@belemo
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1 min read
You can burn SPS for DEC if you like but that's not the only mechanism. Also worth pointing out that while DEC price is pegged to the dollar when purchasing things from Splinterlands, transactions between players still use the prevalent market rate at the time.
The DEC peg has been described as being a "psychological peg". It will take some time before it actually gets to the desired rate
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