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Sifchain / sifnode

SifNode - The future of Defi
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For Deflationary/Inflationary/Rebase/Funky Tokens - Need a UI warning/community support #2436

Open pandaring2you opened 2 years ago

pandaring2you commented 2 years ago

@bksifchain - let's discuss this a little bit. for inflationary/deflationary tokens (e.g. FRAX, OUSD), we will have issues with the bridge overpaying/underpaying users when transferring.

E.g. A deflationary token : If user A deposits 100 OUSD into ethereum bridgebank and user B deposits 100 USD, bridgebank gets deflated to 100 OUSD, and user A will be able to withdraw 100 OUSD, leaving user B with nothing to withdraw.

For inflationary token: Same in reverse.

bksifchain commented 2 years ago

@pandaring2you - Is this a peggy 2 thing and is it still needed? I dont understand the requirements.

pandaring2you commented 2 years ago

heya - we can chat about this over huddle - basically there are tokens that users will be able to import, which they shouldn't because they will lose money due to the special mechanisms of the token.

banshee commented 2 years ago

This isn't a peggy team ticket, removing that tag