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Bethoveen | white-protocol.com-

I'Ve been thinking if it would be good to burn

not only XVS but also VAI when the price of XVS is very high and the burns don't make a big difference ( 1 XVS = +$8000). I have come to the conclusion that the VAI, when created with the money deposited, can have two positive options for the project, first, that the price of VAI begins to exceed one dollar, attracting more people to the protocol, and the second option is that by eliminate part of the VAI people who have borrowed cannot pay what they have borrowed, increasing the TVL of the project or, on the contrary, being liquidated and receiving more commissions from the protocol. This could create a deflationary spiral where more and more TVL enters as the VAI price is above $1 and more liquidations will bring more burns to the XVS or VAI project. what do you think community?

#blockchain #cryptocurrency #english #venus
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Bethoveen | white-protocol.com- Автор вопроса

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18.01.2022

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