Diesel

  • Feb 12, 2022
  • Joined Jan 22, 2022
  • In A Theoretical Example for OIP-76 Implementation

    aazaad treasury is everything though. especially if it can be productive, which i would argue all assets in the treasury can, via lending/investing. i am constantly reminded of fei. the farther that fei fell from peg, the penalties got larger and larger. these penalties did not stop the further burning of fei and therefore its market cap. we might think this is a good idea, but it might have unintended and unexpected results.

    • In OIP-76: Create Inverse Bond Policy Lever

      abipup I think if we allowed volatile assets to be involved, we should weight them differently. This is mostly important for any asset that has voting power in another protocol. Where as in your example, the backing is $120 and bond cannot exceed it, for a volatile asset with governing power, the inverse bond may not exceed 120*0.80 (max price x 80%) or, $96. Just an idea