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RE: How the Steem Dollar Peg Works
Couldn't a whale dump the moment before execution? Is the price an average over that week, or is it just the point in time exactly one week in the future?
Couldn't a whale dump the moment before execution? Is the price an average over that week, or is it just the point in time exactly one week in the future?
It isn't an average of the price, it is a median of the price. I'm not sure exactly how long that median covers, though.