You need to trust the code. Also with stablecoins they all go out of peg. sometimes they are underfunded, sometimes over funded. The way USD-N works is that the VALUE of the WAVES it holds in the contract SHOULD equal 1 USD = 1 USD-N when it comes to the amount of USD-N that have been minted.
I believe there is a fee to use the neutrino platform to mint USD-N. You can also consider the spread between USD/USD-N as a fee. Once the trading pairs get super liquid the best way to buy will be through the DEX, unless you need a large amount of USD-N then at that point using Neutrino platform will be cheaper.
Statements on wUSD/wEUR and Tether (USDT)With the move to Waves.Exchange, we are informing about operation of the existing fiat-backed stablecoins (wUSD and wEUR), and adding Tether USD (USDT).wUSD and wEURMigration from the Waves DEX to the new Waves.Exchange involves resolving not only numerous technical issues, but also several legal ones. Waves DEX users have previously used the Coinomat gateway services to trade with fiat funds. Due to the restructuring, Coinomat will not be able to act as a fiat operator for Waves.Exchange. This means two things:1. Waves.Exchange is looking for a new fiat deposit/withdrawal partner. Negotiations are currently underway with several companies. Once these have been concluded, deposits and withdrawals of wUSD and wEUR will be resumed within the new exchange setup. Until then, we want to assure wUSD and wEUR holders that their assets are fully backed with fiat, and are worth 1 USD and 1 EUR, respectively.2. Waves.Exchange will not be limited to a single provider, and the deposit/withdrawal process will be greatly simplified over time.USDTWe are completing the preparatory work for the launch of USDT according to the ERC-20 standard. After December 2, this asset will appear on the exchange dashboard. The USDT gateway will go live before the end of this year.
Private blockchain platforms such as Hyperledger Fabric, Quorum, Exonum, Corda and others take different approaches to managing private data flow. We explore some of the different options on the market, before explaining how Waves Enterprise goes about addressing this issue - and why we have taken those decisions.
💥Please note that in order to receive a full payment from a weekly paying Node, you must start leasing at least 1 day before the payment time.For example, subwar pays at 20.30 on Saturday. In this case, you must start leasing at 20.30 on Friday at the latest to receive payment from all blocks found the next week (leasing income starts after 1000 blocks -about 16 hours-).Otherwise, you will receive payment only from the blocks between Saturday 20.30 and the day after you start the leasing!