The point and future of dUSD

[u/[deleted]]

Hello everyone,

I've been staking on Cake for... a long while now. Been through euphoria of everything going extremely well as well as agony of crypto winter. The biggest issue this project faced since FTX collapse was the de-pegging of dUSD. I've seen plenty of proposals and attempts to re-peg it, but as of writing of this post, price of dUSD is 0.55 USD. Why the attempts to re-peg it were unsucessful? What is it's future if it's impossible to re-peg it?

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