increase for USDX in lend ? It's at 36% right now mmh
Below is a link to a post from 6 days ago, which should still be roughly correct and would suggest a rise from 36% to 40% https://t.me/kavalabs/341739
The first step to bring usdx near 1$. A second step could be, take the 0.25% borrow ratio on kava lend from usdx and put it like 0.5% like the other assets? What do you think @cryptoswithcam
That's an interesting suggestion. I can pass this to the team. Clearly, there is some risk associated with USDX being borrowed from Lend. But it can increase the usage of USDX.
Would this contribute to the repeg of usdx in any way?
We can expect to see suppliers supplying more USDX to Kava Lend to perserve the supply.
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