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Kusd peg stability with lower TBCD #1610

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Hawkarhf92 opened this issue Jan 15, 2025 · 0 comments
Open

Kusd peg stability with lower TBCD #1610

Hawkarhf92 opened this issue Jan 15, 2025 · 0 comments

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@Hawkarhf92
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Hawkarhf92 commented Jan 15, 2025

Polkaswap minted a lot of tbcd which converted to xor in both wallet :
cnRus2m2Rn776v88H5RUtyiaXtr3daN6ePn6yenLKepx1SqYo
cnStzCa5gqhCZRGYozxWiubTNQg5bbkgmGWGMmDvhqqBncukC
Currently both wallet collected Some KUSD from the sellers.
Polkaswap can use some amount of Kusd to buy back Tbcd from the circulation and convert back to Xor if we need it to peg KUSD. This process can be continue till we can collect all the tbcd from the pools and used as a collateral in kensetsu for more developments. Including giving away to any partners who accept Xor or list it in the exchanges.

So technically will be like that,
Polkaswap already purchased KUSD from builders by minted TBCD.
Same KUSD use it for buy back TBCD .
TBCD can be only asset used in kensetsu for mint Kusd .
Polkaswap can give away exchages some Kusd to partnership in polkaswap tokens beside sora card crypto(unknown token)to fiat, this will be great solve for KUSD peg . hope bring it to referendum

We also have fees,
Can be divid the fees to 3 part
Each art goes to pswap,val, and KUSD
Val and pswap reward token, and KUSD is the weapon of polkaswap to buy back TBCD.
Xor will burn so no need to burn TBCD,
At the end polkaswap will be fully decentralised.

@Hawkarhf92 Hawkarhf92 changed the title Buy back Tbcd by polkaswap own Kusd Kusd peg stability with lower TBCD Jan 19, 2025
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