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Flannelhandler-

If the DAI proposal passes, what is the estimated timeframe

for deficits to recover?

#bancor #blockchain #cryptocurrency #english
0

1 ответов

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Daniel-DM

Not sure how you could estimate that. My understanding is the DAI plan gives regular DAI remittances to affected LPs and these do not directly affect the deficits but immediately go off-curve and effectively land in the wallets of LPs. This combines with the increased vBNT burn rates to create more protocol-owned BNT while reducing BNT circulating supply, which increases BNT price relative to TKNs in order to close the deficits. Those are the mechanics afaik - so knowing timeframe would require: 1) projecting the level of DAI remittances 2) projecting the impact these DAI remittances have on existing / new liquidity - determining the network’s capacity to generate fees 2) projecting the vBNT burn rates impact on BNT price Possible @MB_Richardson ?

0
12.07.2022

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