Wouldn'T the team swapping WX for USDN have the same

selling pressure? (or more because 100% of WX will be sold for USDN)

Hey! Could you please elaborate on your question?

Not if it’s done the same as swapping Waves for USDN.

The people above me were suggesting that instead of rewards in WX, they should be in USDN to reduce sell pressure. So i was asking about that.

Does wavesexchange currently collect 100% fees in waves and convert them to WX on the market to compose the staking rewards for governance?

Hi Charles! Yes, the Governance fee is converted by using our ordinary orderbooks.

This is great

In that case it would make more sense to swap (and lock) the Waves collected for USDN and distribute USDN?

The new floor is $5 right?

Hi Kas! No, with the random swap lock it's not possible.

As was mentioned above, we use our ordinary orderbooks to convert the fee.

Yes, so it’s currently not designed to swap for USDN.

The Governance fee is WX-denominated.