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©Luigi-

Like if you mint rsv you burn rsr? Like luna

and ust

#cryptocurrency #english #reserve
0

8 ответов

14 просмотров
Smeddy-o | Reserve | will never DM-

The old model worked like that (arbitrage), the model now is that RSR is (or can be) staked, and will receive yield based on the appreciation of assets used to collaterise the family of stable coins

0
06.01.2022
Mati Olmos 🅡-
Smeddy-o | Reserve | will never DM
The old model worked like that (arbitrage), the mo...

Main differences between the original protocol and the new one: *Staking>Arb with Arb you would have to sell your RSRs to make profit, now you can stake and make profit while keeping your position. *The old protocol burned RSRs but also minted if the collateral fell affecting all RSR holders, now you have a fixed supply and RSR holders can choose if they want to stake or not allowing more freedom in decisions. *Now anyone can create a stablecoin.

0
06.01.2022
©Luigi- Автор вопроса
Smeddy-o | Reserve | will never DM
The old model worked like that (arbitrage), the mo...

Yeah i remember. So how will you battle over supply of rsr in the market?

0
06.01.2022
Eduardo-
©Luigi
Yeah i remember. So how will you battle over suppl...

We real adoption. The one that works during bull and bear markets :)

0
06.01.2022
Brandon-
Mati Olmos 🅡
Main differences between the original protocol and...

Was the old model similar to UST and Luna. Since you can mint/burn Luna to produce UST?

0
06.01.2022
Eduardo-
Brandon
Was the old model similar to UST and Luna. Since y...

Not at all. One of our original goals was to create a stablecoin that wasn't algorithmic like UST and many others are, since we believe following that model is risky. There have been in the past algorithmic stablecoins that have collapsed and broken their peg. Our stablecoins will always be fully-collateralized by tokenized assets that are considered stable enough.

0
06.01.2022
Eduardo-
Eduardo
Not at all. One of our original goals was to creat...

This way if RSR has a sharp decline in value one day, our stablecoins will remain stable.

0
06.01.2022

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