@paraswap @1inch How is the PSM hard-pegging the price of Dai?
The answer is arbitrage between the PSM and open markets.
• If the price of Dai goes above $1, anyone can exchange USDC, USDP, or GUSD for Dai at a 1:1 rate and then sell this Dai with a profit.
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@paraswap @1inch PSM 如何与 Dai 的价格挂钩？
答案是 PSM 和公开市场之间的套利。
• 如果 Dai 的价格超过 1 美元，任何人都可以以 1:1 的比率将 USDC、USDP 或 GUSD 兑换成 Dai，然后出售该 Dai 获利。
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