Open Kyjaque opened 11 months ago
There would be another logic -> Collateralization based
Peg USTC to the current price (and create reserves), when USTC is overcollaterized and reaches 110% Collateralization, raise the peg until it hits 100% and let it build reserves so it will 110% again.
With this logic, there should be enough liquidity to withstand a bankrun.
But it is important to spread the collateralization to as many coins as possible. Other Stablecoins would be preferable.
we need to implement softpeg raises for the simulations. 2 candidates - time based and average price based any suggestions on other logic are welcome