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Recently, $DIESEL 's price has increased 8x, reaching 16 USD,
but on the OYL official website, it's still 6.4 USD,
some curious friends are asking about this, and some are calling me a scammer.
There is a misunderstanding here:
Currently, the price displayed on OYL uses the busd/diesel trading pair, but the busd project team has paused minting (USDT deposits are not coming in), which has caused a severe shortage of busd in the market, and the liquidity pool is also small;
The current 16 USD price is derived from the frbtc/diesel liquidity pool, which has much larger liquidity, and should be used, but isn't reflected in this price,
and the frbtc price should be consistent with BTC, but it's also not correct.
I have already reported this to the project team, and they have made backend adjustments.
Now, to see the price, you need to calculate yourself based on:
100 diesel can be exchanged for 0.0204 BTC, with Bitcoin currently at 81,000 USD,
0.0204 BTC is worth 1,652 USD, so the diesel unit price is 16.52 USD.