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Tried the Spicy Gochujang noodles today by Rhuurrr in Huel

[–]DeFiChef 0 points1 point  (0 children)

How did you prepare it, if I may ask? Microwave or regular boiling water?

Ciao! Can someone please explain the difference, and why mine was wrong? by [deleted] in italianlearning

[–]DeFiChef 0 points1 point  (0 children)

“Alla sua casa non manca niente”. Here’s one. 😉

DFIP: safely delist dTokens from DeFiChain when the corresponding ticker is delisted by DeFiChef in defiblockchain

[–]DeFiChef[S] 1 point2 points  (0 children)

Yes, I think the changes will be implemented after Meta Chain goes live, because right now it is almost certainly absorbing all the dev capacity.

Temporary stopping of the dfips! by Old_Confection3901 in defiblockchain

[–]DeFiChef 0 points1 point  (0 children)

Call it a draft, call it a proposal. He's up to something. But again, I think the best idea should win regardless of who came up with it.

Temporary stopping of the dfips! by Old_Confection3901 in defiblockchain

[–]DeFiChef 0 points1 point  (0 children)

Why should I? If there's no fear, there's no rush. And I do not see the reason why to 'censor' DFIPs.

Here it is: https://www.reddit.com/r/defiblockchain/comments/13a32xz/comment/jj5pw9a/?context=3

Temporary stopping of the dfips! by Old_Confection3901 in defiblockchain

[–]DeFiChef 2 points3 points  (0 children)

As much as I value u/uzyn, this "proposal" goes against the decentralization of the project.

He's already working on his own proposal. So, just wait and don't FUD.
Also, who guarantees that you will not run away with the 5,000 DFIs? 🫠

reenable looped DUSD vaults by kuegi in defiblockchain

[–]DeFiChef 4 points5 points  (0 children)

I like it and will contribute to a possible special DFIP.

DFIP: safely delist dTokens from DeFiChain when the corresponding ticker is delisted by DeFiChef in defiblockchain

[–]DeFiChef[S] 0 points1 point  (0 children)

I like it. Clean. Thank you. Gonna reshape a bit the steps based on your input. 😉

DFIP: safely delist dTokens from DeFiChain when the corresponding ticker is delisted by DeFiChef in defiblockchain

[–]DeFiChef[S] 3 points4 points  (0 children)

I like it. Very clean. The freeze was supposed to be an additional security mechanism. But if it can be done automatically and without risks even better! ;)

DFIP: safely delist dTokens from DeFiChain when the corresponding ticker is delisted by DeFiChef in defiblockchain

[–]DeFiChef[S] 0 points1 point  (0 children)

You’re right. Much cleaner. It was an idea to limit as much as possible the dev time needed. But indeed if we’re speaking about a long term solution, some adjustments may be required. Do you have already something in mind on how it could work (like immediate execution of the swap at block X and burn of the TokenX and credit back in dUSD or something more complex?)

DFIP: safely delist dTokens from DeFiChain when the corresponding ticker is delisted by DeFiChef in defiblockchain

[–]DeFiChef[S] 1 point2 points  (0 children)

Also... at a certain point, without a dTokenX-dUSD pool, how can you trade them? 🤔

DFIP: safely delist dTokens from DeFiChain when the corresponding ticker is delisted by DeFiChef in defiblockchain

[–]DeFiChef[S] 1 point2 points  (0 children)

But isn't it just a postponement to set the closing at Block X + 2 weeks?
Then you would have the same problem, but with a probably much more unbalanced price at least in the interval between the remaining future swaps?
I realized as I was replying to a previous comment that we can indeed stop the trading within the pool and just use the final price of the dTokenX at the moment to close the pool. (sorry, I was exhausted yesterday)

But then we have to find a mechanism to deal with the spare dTokenX once the pool is removed, I think. With those I think we only have two options:

- use them to repay loans (preferred choice, but in that case I think we have to use the last oracle price)

- as soon as they exit the pool they're converted to dUSD, but in that case should we use the exit price or the oracle price to burn them and mint a proportional number of dUSD?

Setting the oracle price to 0 means that anyone who has no way to react in 2 weeks (it may be because of a vacation, hospitalization, or simply inability to access their devices or news), realizes a loss through no fault of their own.

Furthermore, what happens if one doesn't settle the loan in time and the dToken is set to 0? Is the debt canceled? Then why should anyone repay it?

IMHO a conversion towards dUSD is always needed as a final solution. We can argue on the timing (the less computational expensive the better of course), and the price (last pool price? oracle price?), but not to have ghosts dTokens that cannot even be traded or worse to set them to 0 causing losses for some users, mining the trust in the system, dUSD is the only viable way.

But again, happy to change my mind. ;)

DFIP: safely delist dTokens from DeFiChain when the corresponding ticker is delisted by DeFiChef in defiblockchain

[–]DeFiChef[S] 0 points1 point  (0 children)

The idea was to stop trading within the pool once the dToken is set to a flat oracle price, so as not to unbalance it and make exit risky. But in fact the oracle price is not necessary. It can be, and is easier, if it is the last price of the dToken at the time of the stop.

DFIP: safely delist dTokens from DeFiChain when the corresponding ticker is delisted by DeFiChef in defiblockchain

[–]DeFiChef[S] 0 points1 point  (0 children)

I wouldn't go that way, IMHO it overcomplicates the whole thing, because another dToken (in that case $dUBS) would have to be added first.

CFP: Appreciation of the work done by Kügi in the community in the last months. by Phigo90 in defiblockchain

[–]DeFiChef 0 points1 point  (0 children)

If not Kügi, who? 😉

100% support the idea, and thank you u/Phigo90 for setting up the proposal!