The difference between $SURGE and the other RWAs issued by @leostrategy (TTSLA, TGLD, TNVDA) is these had a peg. The underlying asset is floating with the RWA meant to mimic the moves.

Therefore, the decision to address the lack of peg is in alignment with what Leostrategy promised. When a peg gets broken, attention is needed.

SURGE is NOT a stablecoin. If is a note that has a freely moving price. The 15 cents is paid out on each token (annually) regardless of price.

If the price was $2, guess what the yield is? It is no longer 15% according to market prices but, rather, 7.5% since it still pays the same 15 cents each year per token.

Addressing the lack of peg on RWAs is LS attempting to keep its promise. Failure to pay out on a debt instrument in the manner agreed is a negating of that.