Haven Tokenomics & HCC Update. Dear community, we have some exciting news to share.
03 Dec 2023, 15:35
Haven Tokenomics & HCC Update 🚨
Dear community, we have some exciting news to share.
After consideration of all discussions & ideas proposed in our Discord Havenomics channel, the EWG has agreed to continue work implementing SLIPPAGE into the protocol. 👀
$XHV $xUSD
🧵👇🏼
Same news in other sources
603 Dec 2023, 15:35
This development task has been added to our HCC page and will be updated when more information becomes available.
$XHV $xUSD
/🧵
This development task has been added to our HCC page and will be updated when more information becomes available. $XHV $xUSD.
This development task has been added to our HCC page and will be updated when more information becomes available.
https://t.co/nNg4xnHYPh
$XHV $xUSD
/🧵
03 Dec 2023, 15:35
VBS will be retained but greatly reduced, which will allow the protocol to work less hindered by large collateral requirements, whilst still being protected by slippage from excessive inflation.
👇🏼
VBS will be retained but greatly reduced, which will allow the protocol to work less hindered by large collateral requirements,
VBS will be retained but greatly reduced, which will allow the protocol to work less hindered by large collateral requirements, whilst still being protected by slippage from excessive inflation.
👇🏼
03 Dec 2023, 15:35
The amount of slippage will be determined by various factors such as:
- Relative depths of each pool involved in a conversion.
- Size of conversion relative to pool depths.
(Cont…)
👇🏼
The amount of slippage will be determined by various factors such as:. - Relative depths of each pool involved in a conversion.
The amount of slippage will be determined by various factors such as:
- Relative depths of each pool involved in a conversion.
- Size of conversion relative to pool depths.
(Cont…)
👇🏼
03 Dec 2023, 15:35
- Source & Destination Pool multipliers.
– These values determine the strength of the slippage and are a function of, but not limited to the mcap ratio.
- A moving average of the number of conversions over a given period.
👇🏼
- Source & Destination Pool multipliers.
- Source & Destination Pool multipliers.
– These values determine the strength of the slippage and are a function of, but not limited to the mcap ratio.
- A moving average of the number of conversions over a given period.
👇🏼
03 Dec 2023, 15:35
The purpose of Slippage is to synthetically mimic a DEX by using the ratios of the assets’ circulating supplies that are being converted and the size of conversion, which would be burned. 🔥
👇🏼
The purpose of Slippage is to synthetically mimic a DEX by using the ratios of the assets' circulating supplies that are being c
The purpose of Slippage is to synthetically mimic a DEX by using the ratios of the assets’ circulating supplies that are being converted and the size of conversion, which would be burned. 🔥
👇🏼
03 Dec 2023, 15:35
Slippage offers a safe transition from VBS, which will provide the protocol with the necessary tools for a more timely return to a healthy state & the successful re-pegging of xUSD.
Additionally, slippage will be applied across all assets, including xBTC, xAU and xAG.
👇🏼
Slippage offers a safe transition from VBS, which will provide the protocol with the necessary tools for a more timely return to
Slippage offers a safe transition from VBS, which will provide the protocol with the necessary tools for a more timely return to a healthy state & the successful re-pegging of xUSD.
Additionally, slippage will be applied across all assets, including xBTC, xAU and xAG.
👇🏼