I think I made a good purchase https://twitter.com/ikardanoff/status/1511084622821613574?t=tzZmdYJJ7hxXanBU6wsm0A&s=19

I think so too. I was tempted to when I saw it hit 60% slippage, but I already have a lot of existing USDN exposure. Btw, here are some proposed new gNSBT arbitrage ratios from your tweet.

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04.04.2022

ŁĐ

Rabid Kangaroo

I think so too. I was tempted to when I saw it hit...

good

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04.04.2022

Rabid Kangaroo

ŁĐ
good

Vote #7: Defining Max Swap Amount parameters https://governance.neutrino.at/

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04.04.2022

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Rabid Kangaroo
Vote #7: Defining Max Swap Amount parameters http...

Even if this vote passes the min is 1000 which currently is 40k

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04.04.2022

Rabid Kangaroo

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Even if this vote passes the min is 1000 which cur...

Pretty sure the formula is pro-rated based on the A and B values. The vote will be complete in 15.5 Hours, so it's happening pretty quickly. Hopefully the new arbitrage rules set in quickly for USDN. Proposal for a=0.01 b=1.70 is winning and is a huge increase in the amount of arbitrage allowed per day.

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04.04.2022

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Rabid Kangaroo
Pretty sure the formula is pro-rated based on the ...

So this should hopefully regain peg or just help us get out

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04.04.2022

Rabid Kangaroo

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So this should hopefully regain peg or just help u...

It's a pretty aggressive change. I'd hope to see us back in the 0.90's range as soon as it's implemented. People are taking notice any purchasing NSBT already. NSBT has risen 25-30% since the Vote began.

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04.04.2022

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I noticed that, only time will tell

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04.04.2022

Rabid Kangaroo

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I noticed that, only time will tell

Should def be better than where we're at right now. Curious how long it will take to implement after the vote ends tomorrow night.

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04.04.2022