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Janes-

Proposal is based on an assumption that when BR increases

waves market price increases with it. but that's not necessary the case, isn't it?

#cryptocurrency #english #neutrino
0

3 ответов

24 просмотра
Polkaris-

No, backing can be done by increasing waves price but also by increasing locked waves amount

0
11.06.2022
Janes- Автор вопроса
Polkaris
No, backing can be done by increasing waves price ...

yes but issuing recap token when BR<1 for waves and swapping it for usdn when BR is above 1 in the case that waves market price stays the same is draining the collateral

0
11.06.2022
Polkaris-
Janes
yes but issuing recap token when BR<1 for waves an...

Cannot swap when BR is just above 1. Needs to be above 1.2 and it will drop only until BR is 1.1. Then liquidation stops

0
11.06.2022

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