USN Stablecoin Questions

1. Q: Do I need to charge a handling fee for minting coins?

A: No, but an annualized rate of 1% will be charged upon repayment. (The annualized rate is floating and adjusted according to the USN 24H average exchange rate through the automatic adjustment mechanism of the annualized rate.

Learn about the rules https://support.defibox.io/hc/en-us/articles/900005073923)

2. Q: Does the liquidation deduct 5% of the total stake amount, or?

A: Deduct 5% of the total stake amount + the equivalent outstanding interest.

3. Q: Isn't USN a stable coin? Why are exchange rates so unstable?

A: It is a stable coin, and the market price will fluctuate according to the market supply and demand.