I still don't understand why we need NSBT - > new recap token swap. Is WAVES - > new recap token is not enough?
WAVES has another functionality and doesn't peg to the dollar, we cannot use WAVES as a bond for USDN.
Does this actually also mean that when the BR rises to 1,5 on a pump, you will still get $1 worth of Waves, which might mean people will not redeem? Or you need to redeem fast when BR passes the 1 mark, to profit from Waves rising more. In theory I understand the redemption might offset the price increase so BR will probably hover around 1
Surely, it's more profitable to get more recap tokens when BR is greatly low, then redeem back when the BR has just started to recover -> to get more WAVES
So, bots will win...
Discussion will be on the AMA this week, correct?
Yes, we're all in eager to participate in the AMA, but the exact date is not known yet, we'll post the info on the news channel as get any info.
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