I have a question, maybe @DanielZirkel can help?.......if we are

https://sips.synthetix.io/sips/sip-110/ - Situations involving of Stock Splits and reverse-Stock Splits, as was seen recently in this https://ir.tesla.com/press-release/tesla-announces-five-one-stock-split. Supporting stock splits needs to be iterated on, with more research required into the mechanisms that permit the synth to continue providing exposure to holders without additing too much friction. Potential approaches could take one of the following forms: - The ampleforth rebasing multiplier approach that splits tokens when they occur. Need to consider the tradeoffs for integration of the stock synth, in different defi projects - Deploying a new stock synth that holders need to migrate to, similar to the LEND AAVE migration, with the old stock synth price being frozen while the new stock synth is initiated at the post-split price - The use of the index rebalancing approach for stock splits on a single stock. Under this approach a divisor is used after a split event which guarantees price continuity between pre and post stock split. Therefore the stock synth will always track the performance of the underlying in percentage change, but not necessarily in US Dollar terms. This approach is already being utilized by Synthetix when sDEFI/iDEFI rebalances.

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15.10.2021

Louis | ØxPlasma

Nice ! New ATH for Tesla soon ;)

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15.10.2021

Donny Автор вопроса

Fabio
https://sips.synthetix.io/sips/sip-110/ - Situati...

Thanks Fabio, these are all great suggestions, hopefully the team can take a look at these 👍🏻

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16.10.2021

Darren Neo