it can use to reimburse all the users for IL. That just fixes today's issue but if the IL becomes worse, there is the same issue again. And if all the users get their ILP and withdraw their money, what is left?
they should erase LP's deficit by injecting fresh money raised from ICO. Those funds woul be locked until they find a solution that woul allow to reactivate ILP. Then they reactivate ILP, and everyone get its entire stack back. Everyone is happy, bancore team will be heroes. Happy ending for everyone
Except everyone isn’t happy… lives already ruined. Saving a few is bad optics and will never happen.
So Bancor will die. No one will trust the protocol anymore except a fex Bancore degen maximalists
Unfortunately…but likely IMO
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