concept for capping ustc #357
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StrathCole
reviewed
Sep 25, 2023
| DefaultBasePool = sdk.NewDec(1000000 * core.MicroUnit) // 1000,000sdr = 1000,000,000,000usdr | ||
| DefaultPoolRecoveryPeriod = core.BlocksPerDay // 14,400 | ||
| DefaultMinStabilitySpread = sdk.NewDecWithPrec(2, 2) // 2% | ||
| DefaultMinUstcStabilitySpread = sdk.ZeroDec() // 0% |
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Based on the prop this would need to be 100%
|
@nghuyenthevinh2000 I don't understand why increasing the tobin tax for each whitelisted stables to 1.0 wouldn't do the trick of stop minting stables? |
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Summary of changes
Design outline: https://github.com/classic-terra/documents/blob/main/research/stop_ustc_minting.md
Report of required housekeeping
(FOR ADMIN) Before merging