Very thorough analysis of the recent bitUSD global settlement from the folks over at dexbot.io
The statistics detail a couple facts:
Unfortunately, many of the solutions presented further raise the cost of borrowing bitUSD and would further punish bitUSD borrowers in the event of a future downturn. It should be noted that the bitUSD borrowers essentially lost everything.
Smartcoins play a significant role in stabilizing the DEX, but the only way to prevent future similiar events is to continue to grow the customer base and to acquire new users for bitUSD.
In positive news, the asset was restarted and holders of bitUSD still hold a pegged asset.
