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WuSaidBlockchainW

According to Pidun detection, apxUSD supported by STRC under apyx_fi dropped to approximately $0.94, a decline of about 4.6%. As BTC fell to around $63k, the value of related collateral shrank, causing the apxUSD peg to deviate.

BTC-5.54%
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CrystalBallForSentiment
· 1h ago
apxUSD that name sounds just like apex, and it really became apex (referring to falling)
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GateUser-1bc81bb2
· 5h ago
0.94 is okay, as long as it doesn't drop to 0.6, then the project team has some substance.
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LateFeeLeo
· 9h ago
A 4.6% de-anchoring of the stablecoin is considered minor fluctuation; as long as the liquidation mechanism isn't triggered, it's fine.
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OutsiderOfZhiyuandao
· 11h ago
Is this considered partial collateralization or algorithmic stabilization? I don't understand the mechanism.
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RouterRunner
· 11h ago
STRC as collateral is still too inexperienced; it trembles whenever BTC drops.
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TheBluePeony'sProphecy
· 11h ago
All the collateral is in coin-based assets, fiat collateral is forever the best.
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TidepoolQuant
· 11h ago
APYX_FI this name sounds like "apy times fi," resulting in "apy" being negative first.
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GateUser-5d719aba
· 11h ago
It is recommended to rename to apxLose, which better aligns with the product positioning.
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LiquidityLifeguard
· 11h ago
Wait, what kind of coin is STRC? Can someone give a simple explanation?
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YieldYardkeeper
· 12h ago
A BTC worth 6.3万 just destroys you—then if it drops to 5万, wouldn’t it basically go to zero?
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