would stop paying the APY on USDN in times where the BR < 1? It seems quite strange that we still pay APY for an uncollaterized asset.
it should be done I agree
Exactly. Neutrino protocol birthed and protects USDN, and BR is the lifeblood. We should take some of USDN's Waves' leasing income and add it to backing ratio to add long term stability to USDN and all other Neutrino products. It is the most sane thing to do. USDN would not even exist without Neutrino... Maybe NSBT should also receive some of this leasing revenue daily to add more demand to it.
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