209 похожих чатов

Https://Gov.Frax.Finance/T/Move-Collateral-Ratio-To-100-Institute-Credit-Ratio/1371?U=Dds

10 ответов

25 просмотров
DS- Автор вопроса

written based on Sam's suggestions here the past few days. I think it's a very smart step in the right direction and am very eager to discuss this as a group and arrive at a FIP once input has been provided. h/t @samkazemian

I support this 💪 thanks for getting it up so early too. Let's get working on this in the forums to discuss how to implement it and vote on it in 5 days after the discussion period is over.

Sam Kazemian ¤⛓️¤
I support this 💪 thanks for getting it up so early...

maybe pin it so people would know where to look in the tg?

DS- Автор вопроса
Sam Kazemian ¤⛓️¤
I support this 💪 thanks for getting it up so early...

My pleasure! I think this is a big one and hope the community really provides input to iron out the details. It seems like the right move for Frax, FRAX, and FXS!

Being partially unbacked isn’t an issue so long as the CR and AMOs can adjust quick enough to prevent any serious depeg. We’ve had much worse market stress than today and I think everyone is getting a little freaked out about the whole situation.

I may be totally off here but I thought one of the purposes of having adjustable collateral ratio is to be able to scale rapidly. If it’s 100%CR then doesn’t that limit rapid scalability?

P S
I may be totally off here but I thought one of the...

The last thing we need to worry about today is scaling. Surviving is all that matters!

Dave Levine
The last thing we need to worry about today is sca...

I thought the protocol would naturally go towards 100% collateral as confidence decreases and then go back to lower CR as it rebuilds again. That was on of the beauties of the system. Am I missing something?

P S
I thought the protocol would naturally go towards ...

you can see that fxs droped 50% in value without any fxs minted to keep the peg, if we hadnt had the curve amo collateral we may have seen fxs price drop to sub $1

DS- Автор вопроса
P S
I may be totally off here but I thought one of the...

that's likely where loosening credit standards would come into place; could move to 15%....but i agree, let's focus on the 100% collateralization piece with smaller credit window, then think about how to responsibly scale down the road.

Похожие вопросы

Обсуждают сегодня

@Benzenoid can you tell me the easiest, and safest way to bu.y HEX now?
Živa Žena
20
This is a question from my wife who make a fortune with memes 😂😂 About the Migration and Tokens: 1. How will the old tokens be migrated to the new $LGCYX network? What is th...
🍿 °anton°
2
What is the Dex situation? Agora team started with the Pnetwork for their dex which helped them both with integration. It’s completed but as you can see from the Pnetwork ann...
Ben
1
Anyone knows where there are some instructions or discort about failed bridge transactions ?
Jochem
21
@lozuk how do I get my phex copies of my ehex from a atomic wallet, to move to my rabby?
Justfrontin 👀
11
Hello, Is iExec also part of the "inception program" or another one ? Would it be a name to qualified the nature of the relationship between iExec and Nvidia? And does Secret ...
Ñïķøłäś
8
Ready for some fun AND a chance to win TKO Tokens? Join us for exciting minigames in our Telegram group! 🕒 Don’t miss out—games start on today 25 October 2024, at 8 PM! Ge...
Milkyway | Tokocrypto
255
any reference of this implementation?
BitBuddha
29
Also, why can’t the community have a vote/ say when it comes to initiatives like buybacks. Isn’t the point of crypto decentralisation? Don’t we deserve input as long term supp...
👨🏽‍🦰
13
Hi guys, any problem with Pulsebrige? Trying to transfer from wETH to ETH. First it tells me to connect my metamask "through mobile app" not desktop. Then I did and confirmed ...
Snowflakecrypto
13
Карта сайта