1USCD De-peg

Community Introductions
1

Hello all,

I’ve probably been living under a rock, but I just found out that my 1USDC on the ONE network is worth nothing due to a de-peg. I don’t know much about it and I wonder if someone can help me.

Is there still a possibility that it will come back to the old level? It’s now worth less than a 1/10 of what it was. Can someone tell me how this happens and if there is anything I can do?

I thought 1USDC was the same as USDC. I know, It’s stupid and save the effort with what I should have done. I hope someone can give me advice.

Thank you in advance

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2

Following this. Could use some guidance from the community on what I should do with my 1USDC right now? I saw the website of the Harmony Recovery fund that converts my 1USDC into USDS but not sure if that is the route I am supposed to take OR if I just hold tight for now.

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3

Same, any news Harmony? Pretty lame that our money is worthless

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4

I’m asking same question for almost 3 month and no reply.
How to bridge 1ETH and 1BTC back from Harmony?
No answers so far…

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5

The truth is that no one has noticed that. No one has realised. They just keep building etc.

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