| Header | Content |
|---|---|
| Author | Edson Ayllon (@relativeread) |
| Created | 2022-5-11 |
| Status | Completed |
Motivation
UST has lost its peg. As it’s categorized as a stablecoin, it no longer makes sense to have listed as an asset, as it has been shown to lose stability far exceeding safety. There are currently no pools in UST positions as of the time of this post.
Additionally, the chainlink feed for UST has stopped working. As such, this token no longer meets the requirements for listing.
Description
UST was added in DFP-14 and voted on. This DFP proposes to remove UST as an asset from dHEDGE.
Implementation
UST will be removed as a whitelisted asset on the contracts and the frontend.