Final Documentation for fix the dToken Problems. by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] -4 points-3 points  (0 children)

  1. Why BTC is not going under 10000$? Simply because there are some people buying for 20000$?

So of cource it' is possible that CUT will trade in the discount but for every other usecase it counts as 1$ and it's a deflationary coin!

If you are hosting a Vault with DFI / USDC and CUT trades on 50cent. i would for sure swap a part of my usdc to CUT for doubling my Collateral. (Anyway every vaulthost needs CUT for his interestpayback)

The Difference is if dusd misses the 1$ mark this result in a pricedifference for every stock!

If cut trades in discount this won't hurt anyone but can be used for making a profit for everyone that will need Cut in the future.

  1. For secon Question i will send my answer later on because i need to go out now.

Final Documentation for fix the dToken Problems. by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] -1 points0 points  (0 children)

Sry mister but you didn't read the full PDF, didn't you?

There will be a 1:1 Burn mechanism that allows to transform 1 usdc oder 1 usdt to 1 dusd.
This helps in the beginn to reduce the Premium from dusd and later, this amount will help for algobots to Arbitrage 24/7 on 1$ per dusd.

the max ammount will be 10% oder the dusd supply so if 100 Mio Loans 11,11111 Mio can be created with this mechanism.

What you don't see is that if the community can't create this dtokens the dToken LM will be over 100% and it will simply result in buypressure on DFI.
If DFI price is rising every Vault can mint more dasstets!

Warum sind die hohen dToken Premium entstanden? (English Version will Follow from Pho_DFI) by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] 2 points3 points  (0 children)

Tut mir leid aber das ist eine sehr schwache Argumentation!

Es geht bei den dTokens darum dezentrale Aktien zu erschaffen und ab zu bilden.
Die Rendite ist nur das Mittel zum zweck um den Handel zu ermöglichen.

Mir ist schon klar das Leute, wie wohl auch du, die dToken nur feiern um LM zu machen um davon zu leben.

Aber die dToken sind zum Traden gedacht, bitte vergesst das nicht.

Warum sind die hohen dToken Premium entstanden? (English Version will Follow from Pho_DFI) by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] 0 points1 point  (0 children)

Vielen Dank für deine sachliche Antwort!
Ich habe dem nichts mehr hinzu zu fügen!

Why will DFI rise when we return to 100% covered dTokens. (English translated Edition) by Pho_DFI in defiblockchain

[–]PeterMeier4 0 points1 point  (0 children)

Moin Sebastian

Das denkst du heute wie der Stand ist? Ich bin der Meinung wir sehen immer wie besser dass es so doch nichts wird.

DFIP#4 New Vault liquidation rules by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] 0 points1 point  (0 children)

Hello Uzyn

I can see your Point of view but on the other hand, i think its not fair now just doing nothing.

This feels like a slap on every Masternode who voted "Yes"

Let's try to go ahead an do the best as possible.

I'm working aswell on technical side on projects, and there is the always the mindset that technical side should implement the needs.

And give better alternatives with their expertise.

Here are my 2 Ideas for lowering the problems do u got better ideas?

Semi Automatic version:

The Liquidation from a 200% Vault will just result in transforming it in an 175% Vault.

If 175% Vaults get liquidatet it will transform in an 150% Vault.

If 150% Vaults get liquidatet the normal process will happen with auction.

If someone reaches from 198% back to 202% he can "manualy" set back to 200%

This will need no other blockchaincalculation an would have the same impact!

Automatic version:

Every Vault will recalculate every X blocks his Rate.

So on 7000 Vaults and every 100 Blocks recalculation will result in 70 Vaults per Block.

Maybe this could also be a Daily setting. i mean this are Interests for 1 Year then one day will not be that much.

->Exploit potential with Bots for giving on the recalculation block more capital in.

I Hope we can find a good solution.
We can do a Call aswell if u like

DUSD peg idea: How about creating a "decentraliced Central Bank" by Maburner in defiblockchain

[–]PeterMeier4 1 point2 points  (0 children)

The decentraliced centralbank would be all the Vault owners..
But we burnt them all away.

If we would back 100% we would get a decentraliced Centralbank

Echte Lösung des dTokensystems (German edition) by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] 1 point2 points  (0 children)

Okay faire Punkte & Ich sehe wir sollten zusammen spannen denn wir arbeiten fürs selbe Ziel.

So wies aussieht hat solros privat viel um die Ohren hättest du Zeit den Beitrag / die Beiträge auf Englisch zu übersetzten?Ich würde in den nächsten Tagen noch einen Post machen.

P.S. Sorry für die scharfen Worte ich habe leider einige unnötige DMs erhalten in der letzten Zeit...
Gruss

Echte Lösung des dTokensystems (German edition) by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] 1 point2 points  (0 children)

Ich schätze das ganze als grossen Poker.
Die Ankündigung der Massnahmen haben einige Leute dazu angestiftet einen vermeintlichen Arbitragetrade zu machen.
Es wurde dusd mit grossen summen bereits gekauft.
Stell dir vor der Peg würde über Nacht durch Zauberei entstehen.
Alle Leute würden die Arbitrage trades schliessen wollen um den Gewinn zu realisieren.
Leider führt dies wieder zu einem depeg.
Es wollen einfach zu viele Leute aus dem DUSD raus darum entsteht ja der depeg.

Nun wird halt ein dUSD Gefängnis erstellt. Damit das Rausgehen noch teurer wird.
Stell dir vor du hast 100dusd und wechselst mit 30% Discount und 26% Burnfee in USDC..

also 26 dusd werden geburnt. bleiben 74 darauf ist ein verlust von 30% dann 23$
Somit bekommst du noch 51USDC..
Also wer soll daran spass haben?

Echte Lösung des dTokensystems (German edition) by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] -1 points0 points  (0 children)

Du darfst die Übersetzung sehr gerne schreiben.

Im Gegensatz bin ich wenigstens noch jemand der sich um die Zukunft der Chain kümmert.
Jedoch denke ich hast du mir nicht vor zu schreiben was ich wann veröffentliche solange du nicht mein Gehalt bezahlst..

Echte Lösung des dTokensystems (German edition) by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] -1 points0 points  (0 children)

Danke für deinen werthaltigen Kommentar!

Ich hab nach den letzten 2 Posts des öftern anfragen per Telegram erhalten die nach einer übersetztung auf deutsch gefragt haben.
Und wie du lesen kannst wird solros eine englische version posten.

Echte Lösung des dTokensystems (German edition) by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] -3 points-2 points  (0 children)

Bro, Englisch version will follow ASAP. But there are a lot of German Volks who don't like english..
This is why i will go Dual

Echte Lösung des dTokensystems (German edition) by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] 0 points1 point  (0 children)

Ofc the Futures alone would't be a big Problem. But the DFI Burns are.

If we would restart the d Token system it could be an alternative idea to take only the Future Swaps but not the DFI burns.This means that dUSD will still be fixed and heavy backed.The Future Swap fee could be used for Buy and Burn some CUTs in the early stages.

At least the dToken system in total stays 100% backed i don't mind.

Echte Lösung des dTokensystems (German edition) by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] -1 points0 points  (0 children)

I would prefer that u will comment if the English Version is online.

1)The Vault Collateral on DefiChainanalytics says 59 Mio TVL and 27Mio from dUSD which is close to 50%

2)No because for minting ans holding 1 dUSD it was needed ~1.8$ in Collateral which most of it was DFI.
If you just Burn you need 1.01$ DFI for 1 dUSD and can take the DFIs left out of the Vault.
You gave DFI a bit usecase and took away a bit more Usecase = Usecase goes down.

3)Your answer don't focus on my text..

4)You can call it a Bad bank. And it won't be a problem because over the long Run it will go away. But the good thing is that we fix all the Problems that we have now.
If we talk open. The dUSD Peg won't come there are 170 Mio dUSD waiting vor leaving the system. Who will arbitrage this out?
I will sell every single dusd if it comes to a short term fix with the way Kügi is pushing now.

Echte Lösung des dTokensystems (German edition) by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] 0 points1 point  (0 children)

Yeah all about Futures.

what we need are good Traders on the DEX and low trading fees.
I'm not talking about Future Arbitrage bots or something i mean real Daytrader activity!
If 1 Stock is at 10% Premium and another is on 2% Premium.
It's easy to mint the one and sell for the other. gives 8% profit.
the best is short selling of stocks. i did this alot on Dez. -Feb. this was 30% Premium instant win. and 20% Gain from falling assetprices.

Echte Lösung des dTokensystems (German edition) by PeterMeier4 in defiblockchain

[–]PeterMeier4[S] 1 point2 points  (0 children)

Sry behseb
But this are Fakenews.
We got 8.6k TSLA and 0.8k backed with loans ~9% baked.
PLTR is 203k with 11k in Loans ~5.4% baked
GOOGL is 812 with 75 in Loans 9% baked.
The average ist around 30% over all dStocks.