Soft Peg
DeFiA soft peg is a way to keep a currency's value close to another currency, like a major reserve currency, by allowing it to fluctuate within a specific range instead of fixing it to a set rate.
- Definition
- A soft peg is a way to keep a currency's value close to another currency, like a major reserve currency, by allowing it to fluctuate within a specific range instead of fixing it to a set rate.
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