I want NSBT for governance and swap, recap token infinite

Question

I want NSBT for governance and swap, recap token infinite

supply for recapitalization purposes only with bond features and automatic burning process when BR reaches the predefined value, sasha is doing the same mistake that we did with moon factor, limiting supply of recap token will be good only for some time then when USDN grows inevitably to many billions CAP what do we do in the case of another perfect storm of attacks from (fake good guy) SBF or some other mofo? NSBT is THE SHIT! RECAP(atomic bond) is safety valve the atomic bond that keeps USDN ecosystem together in cases of nuclear cryptowar!

#cryptocurrency #english #neutrino

0

01.06.2022

8 ответов

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Benjamin

But what are you going to do when the swap fees are taken away from Nsbt? They need to get lower to get a peg at 1 and not 1.02-0.995 . We can't play in major league of stables with an range of 0.995-1.02 we need to get the page at 1. And that is not possible with Nsbt as it is

0

01.06.2022

Markus

If you unlock waves for Usdn you pay 0.5% Fee and you receive a volatile asset which you have to trade to usdt/usdc or whatever If you want 1$ usdt/usdc back for 1$ usdn. Therefore you always pay a trading fee on top. If you execute the trade immediately after unlocking you dont know If you get more or less $equivalent. So i dont think you can solve it by changing the fee. If the underlying Asset you receive is volatile then your Outcome is volatile too... And i dont think there is a solution to that besides higher liquidity and more trust that usdn is 1

0

01.06.2022

Kas Sa

Markus
If you unlock waves for Usdn you pay 0.5% Fee and ...

Maybe they’ll take out the fungibility, Waves towards $1000🚀

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01.06.2022

Tien CP

Curve is nothing. It's just Marketing.

0

01.06.2022

Benjamin

Markus
If you unlock waves for Usdn you pay 0.5% Fee and ...

But that's all on top of the 2 and 0.5% fee Nsbt is getting. So even when you could change your waves /USD to usdt/c without fees you can't pag USDn to 1 with the neutrino fees. That's why they have to go in the short to mid term

0

01.06.2022

SHARK 🦈

Tien CP
Curve is nothing. It's just Marketing.

Not marketing because curve destroy waves and usdn peg

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01.06.2022

Markus

Benjamin
But that's all on top of the 2 and 0.5% fee Nsbt i...

Yes but if your argument is "usdn is not exact 1$ because of the fees" why is usdt 1$? If you trade 100k USDT vs 100k USD via tether you pay 1k$ as a fee. Thats 1%. And there is no guarantee that you get USD. You can get Fiat equivalents and in bad times they can also delay your withdraw. But USDT is 1$. And it is 1$ because people (bots) think its 1$ and they trade (arbitrage) it for 1$. Not because they get 1$ back. And thats the same with all stablecoins. If you invest 100$ in a stablecoin and you trade it back you never get 100$ back because every, or at least all stablecoins i know, taxes a fee. There is always a fee. So a fee is not an argument for a depeg.

0

01.06.2022

SHARK 🦈 · Accepted Answer

the biggest problem and threat is curve finance - all the attacks are there. Waves should remove USDN from the curve a long time ago and act only on their own ecosystem and the problems will end. Nothing else needs to be done. Sasha is stubborn on the curve that will kill the waves, I never understand why. Each attack on waves, peg, lune, mouth dai and others was done with Curve and low fluidity where the whale can do whatever it wants.

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I want NSBT for governance and swap, recap token infinite

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