RE: How the Steem Dollar Peg Works

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How the Steem Dollar Peg Works

in steem •  8 years ago 

Couldn't a whale dump the moment before execution? Is the price an average over that week, or is it just the point in time exactly one week in the future?

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It isn't an average of the price, it is a median of the price. I'm not sure exactly how long that median covers, though.