What’s your best theory on why sUSD didn’t take off, where UST did?
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They’re completely different products is the easiest answer
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they're the same
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It costs like 5 dollars in collateral to mint 1 sUSD
It costs $1 to mint UST
How is that the same
I suppose he means from a stablecoin perspective rather than L1 fees. But fees are very important
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Im not talking about l1 fees
Talking about collateralization cost
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