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What is not a method used to ensure price stability of stable coins?

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OverWallet is a blockchain entry with a soft-landing reward system.

You can get point rewards by completing daily activities and missions like quizzes.

The Blockchain Learning Hub has daily quizzes to enhance your blockchain knowledge.

To get started, sign up using this link mobile.over.network/en/invite/3SDAUQX99B or use “3SDAUQX99B” as the invitation code.

When you sign up using the invitation code, you’ll get a 1,000 P bonus.

To begin a quiz, open the OverWallet app, select the “Missions” tab, and select “Daily quiz”.

In this guide, you’ll learn the answer to “What is not a method used to ensure price stability of stable coins?” in OverWallet.

What is not a method used to ensure price stability of stable coins?

Question: What is not a method used to ensure price stability of stable coins?

Answer: Voting method.

Further reading

What do we call a coin designed to peg its value to a fiat currency in order to minimize the volatility typically associated with cryptocurrencies?

What is the name of an exchange that combines a lending protocol with a decentralized exchange to facilitate perpetual futures trading?

Flash loans, while useful, can be exploited to cause significant harm

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