Pegkeeper Onboarding Review: First Digital FDUSD
A comprehensive risk review of First Digital FDUSD for crvUSD PegKeeper onboarding consideration
Summary
This report will analyze FDUSD as a potential pegkeeper asset for crvUSD. This analysis aims to comprehensively assess the risks associated with FDUSD to determine its suitability for pegkeeper onboarding. Our evaluation will employ quantitative and qualitative methods, providing insights into the safety of integrating FDUSD and recommending any necessary exposure restrictions.
We will categorize the assessment into three main areas:
Performance Analytics - Concerns about stablecoin adoption, market liquidity, and volatility.
On-chain Management - Considerations about smart contracts, dependencies, and other technology components.
Regulation and Compliance - Aspects concerning reserves management, centralization potential, and legal/regulatory factors.
This review will involve a comparative analysis against existing crvUSD pegkeepers in the final section of this report, providing tokenholders with valuable information to make informed decisions regarding the integration of FDUSD and the establishment of appropriate parameters.