PANews
PANews|Oct 05, 2026 03:16
[Drift Foundation Responds to Community Concerns: DFX Not Pegged to USDT, Redemption Value Depends on Recovery Pool Balance] Drift Foundation addressed community concerns in a post on the X platform, stating that DFX is not pegged to 1 USDT. For every confirmed loss of 1 USDT, users will receive 1 DFX, and the final redemption value will depend on the balance of the Recovery Pool at the time. Drift Foundation noted that the Recovery Pool currently covers approximately 1% of the total claim amount. Users can choose to redeem DFX, continue holding DFX to retain their claim rights to future inflows into the Recovery Pool, or trade on secondary markets such as Raydium.
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