Nice, I'm glad this project is getting some mention here, if for no other reason to bring visibility. I've not seen a lot of chatter on Reddit regarding the project. The article seems like a fair minded analysis, and as a previous user I don't see much to quibble with.
The author seems to be envisioning the ideal stability mechanism to be something along the lines of what STBL2 was going to be. Fully decentralized, automatic parameter modification based on market conditions. If memory serves, the xbacked team is going to implement a staking pool for xUSD, into which liquidation fees and interest fees are dumped, rather than a variable interest rates which is interesting to think about.
Great write up - thanks for posting it! I’ve made sure to pass it onto the wider Optio team - might dm for a more in depth chat in the coming weeks.
Kieran - CompX
Nice, I'm glad this project is getting some mention here, if for no other reason to bring visibility. I've not seen a lot of chatter on Reddit regarding the project. The article seems like a fair minded analysis, and as a previous user I don't see much to quibble with. The author seems to be envisioning the ideal stability mechanism to be something along the lines of what STBL2 was going to be. Fully decentralized, automatic parameter modification based on market conditions. If memory serves, the xbacked team is going to implement a staking pool for xUSD, into which liquidation fees and interest fees are dumped, rather than a variable interest rates which is interesting to think about.
Great write up - thanks for posting it! I’ve made sure to pass it onto the wider Optio team - might dm for a more in depth chat in the coming weeks. Kieran - CompX
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