Hey guys, I know this topic has been discussed many

Question

Hey guys, I know this topic has been discussed many

times. A friend of mine told me that he wanted to invest in XVS, then supply them and buy more xvs by borrowing usdt. But when he said the XVS supply limit was full, he gave up when I said the limit could not be increased yet against the risk of shortfall.

It is very annoying to limit people's purchases that will increase the price of XVS with the supply cap. As we know, safety first and no weakness in this regard is acceptable. But just for a suggestion, what if 50k or 100k XVS of space were made available via automatic VIP every time the supply cap was filled, thus increasing the supply cap in a controlled manner? As you know, during the bullseason, the buying appetite for all coins is very high, especially limiting the buying appetite for XVS by the supply cap may make it difficult for the XVS price to rise to high values as desired.

#blockchain #cryptocurrency #english #venus

0

16.01.2024

6 ответов

31 просмотр

Deniz Автор вопроса

Night 🌒
The CF of xvs is not even high, and the asset is q...

The fact that cf is not high already protects the protocol.

0

4 месяца назад

Night 🌒

Deniz
The fact that cf is not high already protects the ...

Yes I was speaking about personal risk there haha

0

4 месяца назад

Deniz Автор вопроса

Night 🌒
Yes I was speaking about personal risk there haha

Yeah, thats correct 👍

0

4 месяца назад

🅳🅰🅽🅽🆈 BD & Community Lead | Venus

Increasing the supply cap of XVS on the Core Pool is not something to be taken lightly or that can be done automatically. There are several factors to take into account, one being the available on-chain liquidity. What if a whale doesn't properly manage their positions and that 50K XVS are dropped on the market on a DEX like PCS for example? What price impact would it have? Would this one whale being liquidated have an impact and cause cascading liquidations of several other XVS stakers? The supply Cap for XVS was already increased less than 1 month ago. Given the current XVS on-chain liquidity, it may not be feasible or prudent to increase it again so soon.

0

4 месяца назад

湯moon.crypto！私聊就是想騙你

Night 🌒
The CF of xvs is not even high, and the asset is q...

I think xvs should not be used as collateral because it will affect the liquidity of xvs

0

4 месяца назад

Night 🌒 · Accepted Answer

Night 🌒

The CF of xvs is not even high, and the asset is quite volatile, over leveraging is dangerous I think

0

4 месяца назад

210 похожих чатов

Hey guys, I know this topic has been discussed many

6 ответов

Похожие вопросы