zaifinance / zai-protocol Goto Github PK
View Code? Open in Web Editor NEWA capital-efficient synthetic stablecoin for DeFi
License: Apache License 2.0
A capital-efficient synthetic stablecoin for DeFi
License: Apache License 2.0
I really think this is the number one issue with this project
Setting up a zai vault to give away to charity
to reduce available supply and incentivize new people to join
Using part if the community fund to pay a famous/populair NFT creator to make a NFT(s) (with the number of zais burned on them). For the people that burned their ZAI that were given during "extended bootstrapping".1
is it possible to lower the current inflation ? 1% per epoch is too much now. At the beginning when the total supply was very small it wasn't a problem but now the total supply is growing too fast.
it's not sustainable long term
Opening an extra vault where funds will be locked up for more then 1 year with special yield maybe a minimal expansion for them during debt cycles or other perks
The Medium article states:
ZAI serves a hedge against DAI migrating from its 1 USD peg:
· If DAI-USD peg decreases, (DAI < 1 USD) the ZAI protocol incurs debt and coupons are available for purchase
· If DAI-USD peg increases, (DAI > 1 USD) ZAI is minted to repay previously issued coupons and distributed to bonded LPs and DAO participants
This does not appear to be the way things are currently set up. Is this a mistake or are these future plans for the protocol?
In any case, it would be great to clarify this and to setup a repo to start working on some documentation similar to the ESD docs
THISS FUCKER DOSN'T LET ME WITHDRAW!! WHAT EVER YOU DOING IT WILL LOCKED YOU EVEN YOU JUST HAVING DINNER WITH FRIEND THIS SHIT LOCKED ME AND NEBER LET ME WITHDRAW MY FUN. I CALL POLICE NOW!!
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