What happened to MIM was probably the biggest news for

Question

What happened to MIM was probably the biggest news for

stableswaps recently, how would Wombat have handled situations like that if you were already up and running?

Would you separate or exclude algo stables / small stables in first place, manually intervene, or just let MIM dry out the pool of other stables? Or do you have any other creative way to overcome such limitations?

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0

04.03.2022

6 ответов

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PhuPha

This is the question I asked first. Admin please note the matter.

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04.03.2022

Sarah Khan Автор вопроса

I didn’t copy paste anyone's question.

0

04.03.2022

Sarah Khan Автор вопроса

PhuPha
This is the question I asked first. Admin please n...

If I had copied your question then the formate would be same but I didn’t so the difference is visible.

0

04.03.2022

Raf

Sarah Khan
I didn’t copy paste anyone's question.

You copied it from here, word per word: https://medium . com/wombat-exchange/wombat-exchange-ama-recap-fe389268e721

0

04.03.2022

Sarah Khan Автор вопроса

Raf
You copied it from here, word per word: https://me...

You should check the format sir. I wrote the question and I made it.

0

04.03.2022

A L Ξ X · Accepted Answer

for wombat, we have a 'valve' mechanism so when we detect a depeg, we automatically stop the token from being able to swap to other stablecoins to protect the assets, and only let users withdraw. we cannot control if a stablecoin will be unwieldly, but we can control how we manage risk. in order for tokens to be entered into a pool, our team has set up a proper governance for the inclusion of stablecoins. these will enable us to have a safe and protected pool of stablecoins for the masses

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What happened to MIM was probably the biggest news for

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