Zero Governance Call #8

General Commons
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Recording: Zero Governance Call 8 - Create and share your videos with Clipchamp

Highlights:

  • We discussed the +300% collateralization ratio & parallels with Liquity. Consensus was that it resulted mostly from the market upturn.
  • One community member asked about the difference between redemptions of DLLR & swapping DLLR against RBTC
  • We took a vote on lowering the redemption fee from 1% to .5%, and it was 5 for, 4 against.
  • One community member suggested .75%, which was met with general acceptance. We agreed to discuss it more in this thread.

Proposal: Reducing the redemption fee from 1% to .75%

Pros: May help with stabilization of peg, without causing much of a disturbance (if at all) as might a reduction to .5%

What do you think?

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