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How Much Volume To Get DEC Back To Peg? episode artwork

Aug 23, 2023 5 min

How Much Volume To Get DEC Back To Peg?

from aftersound 3Speak Podcast Hosted by aftersound

In this video, I cover the number behind how much buying volume we would need to see for DEC to reach peg. These are all rough numbers and I tried to have conservative estimates to take into account the multiple liquidity pools and arbitrage. The main takeaway is that it would only take about 300-400 million DEC being purchased in order to move the price back to peg. That covers about 5% of all total land, so it isn't much and can happen quickly. Do you think we will get to peg that fast? *** Join Splinterlands: https://bit.ly/3EytmxR Come hang on YouTube: https://www.youtube.com/aftersoundgaming My music on Spotify/Apple/etc: https://linktr.ee/aftersound

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