For this peg to work, the store needs to simultaneously list the pack and other items at $1 = 1000 DEC.

When we transact in the market buy/sell cards, DEC is valued at market and not pegged - are we really expecting the market force to drive the DEC peg?

In reality DEC is currently worth more than the pegged as there's still a good 2 months of daily airdrop and the value = [discounted pegged amount (cash is always better than DEC, so DEC in theory should be slightly discounted)] + [expected value of SPS airdrop] +/- market volatility.

It will get very interesting as we get closer and closer to the end of the airdrop (or sooner if the overall crypto market experiences another leg down, and liquidity issue)

Posted Using LeoFinance ^Beta