Dear Community,
As BUSD winds down their operations we must look at the migration of our MOON collateral in order to insure collateralization for the future.
At this time we invite the community to look to the future as to how we collateralize MOON. Below are the options for collateral. We are giving three stable coin options as well as two speculative options.
USDT, DAI, and USDC are all large stable coin options with varying levels of centralization. These options will not allow for market growth but will maintain collateralization levels.
BTC and ETH are speculative options, both are market leaders and will not see the volitility of lesser market cap coins. However these options can allow for gains and losses depending on the direction of the overall crypto market.
Please vote for your prefered collateral choice based on your own risk profile.