to arbitrage by big players, or let everyone participate, and let the selling pressure of waves flow to CEX. Now is to see how to choose.
My suggestion is to let everyone participate in the arbitrage. If USDN stabilizes its value, although the waves will fall, if the ecology runs well, more trustees will participate, which will benefit the entire ecology.
If everyone is not allowed to participate in USDN arbitrage, USDN will lose its market value and can only wait for the big players to slowly repair it, which will lose market attention, but the big players will make money.
Therefore, this decision is very important. It is related to the balance of ecology and whether this crisis can be passed safely. V
The panic on IRES comes from lack of confidence in USDN, so you are the key.
Thank you for your feedback, makes sense. I’ll put it on the list.
This is good for the ecosystem but waves will dump a lot if you open up the ARB Many people on cex already shorting waves, they are earning good numbers now I really don't know what whales will do but guess they have to at some point they will have to liquidate all the short position on cex
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