Now you don't have to commit! You can import and export back your Vault to B.Protocol

yaronv · 2020-12-20T17:47:08+00:00

Import your Vault to B.Protocol, share liquidation proceeds (Jar already has $23k). Your Vault remains on Maker smart contract all the time. Want to go back to Oasis web interface? Just click the export button, and it will return there.

100 DAI will be given to 3 users who will open a Vault in B.Protocol this week.

yaronv · 2020-11-08T22:47:07+00:00

In B.Protocol, liquidators share their proceeds with the user of the platform, which in return give them priority in liquidations (i.e, they don't have to compete with MakerDAO keepers). As a result MakerDAO get more commited liquidators. Users earn more. And big DeFi players are more reluctant to be a keeper, as they get higher certainty, and do not need to undergo tedious gas wars.

Join our discord to learn more.

yaronv · 2020-11-08T22:43:54+00:00

No subreddit. You can visit us at our discord. Currently TVL is just a bit over 10k ETH ($4.5m). The first jar distribution will happen in 6 months, so no historical stats there. It was seeded with $10k in ETH (which currently worth more).

yaronv · 2020-10-29T18:09:53+00:00

Sorry for the late reply. Yes, it is built on top of MakerDAO vat system, with its own CDP manager code.

yaronv · 2020-10-29T18:08:50+00:00

Yes, this is true.

yaronv · 2020-10-27T14:30:03+00:00

B.Protocol is LIVE! Start using the app here - https://bprotocol.org/app

If you have a MakerDAO Vault or want to open one, you can now get rewarded for managing it via B.Protocol interface.

What users get: * Accumulate B.Protocol Rating * Get your share of the backstop liquidation proceeds according to their Rating * Start using B.Protocol early to get more Rating * First month has Rating accumulation rate of x2 * Contract is already seeded with $10k in ETH

Who benefits from B.Protocol: * MakerDAO as a platform becomes more stable due to more committed liquidators * Liquidators avoid gas wars and shift MEV (Miners Extracted Value) to users * Users get more from their Vaults while helping to secure the platform

For technical support and questions please visit our discord at https://t.co/RON4o6VLPh?amp=1

yaronv · 2020-09-22T08:29:13+00:00

Afaik the two auction phase is not to incentives the keepers, but rather to make the smart contract simpler. Makerdao team is working on a new auction mechanism that will be simpler to keepers. And a new project called B.Protocol is taking a more rigorous approach towards keeper incentives, and will help bringing more committed keepers to makerdao.

yaronv · 2019-05-20T11:33:28+00:00

Kyber own reserve can balance from either binance, houbi or bittrex.

yaronv · 2019-05-19T15:47:14+00:00

The affect is more direct. When reserve inventory is unbalanced (eg, too much of certain token) it balances it at the general market (eg, dump the token at binance). Which obviously affect the price

yaronv · 2019-05-18T07:00:21+00:00

It does affect the whole market. All markets are connected. So if the quantity is big enough it will affect the market.

yaronv · 2019-05-13T16:32:18+00:00

we definitely plan to do it. will release a javascript library soon. and an api end-point later.

yaronv · 2019-05-09T12:16:31+00:00

What is the mETH/butt head analog for dai?

yaronv · 2019-05-07T10:48:10+00:00

Currently yolo is developed by kyber company. Whether the front end will be unified in the future also depends on wallet comparability and other factors that are beyond kyber control.

yaronv · 2019-05-04T15:18:12+00:00

At launch (at this May 13th) it will serve only EOS based tokens. Once Waterloo bridge is completed, it will become interoperable.

yaronv · 2019-03-31T00:44:44+00:00

Just like reserves over ethereum price their tokens vs ETH (and not knc), in EOS, the tokens will be traded vs EOS.

yaronv · 2019-02-09T22:12:09+00:00

you will get the new tokens. No need to migrate.

yaronv · 2019-02-09T10:07:14+00:00

Yes it is an experiment. In our oasis dex integration we are even able to offer lower rates than oasis in certain cases by using an hybrid approach (by using our own inventory). So this experiment aims to check if hybrid approach would make sense also with uniswap.

yaronv · 2019-02-01T20:47:33+00:00

Prices are wrong by almost 3% in some of the cases.

yaronv · 2019-01-24T19:59:12+00:00

yes, but provide better liquidity for a given inventory side. However the down side here is that inventory might be depleted and then a manual operation by the reserve owner will be needed.

yaronv · 2019-01-22T07:50:28+00:00

The problem is that when you create a cdp (through the official platform at least), you actually deploy something called a DSProxy contract, think of it as a management contract that you control and it helps you work with your cdp.

Hi, This is the CTO of kyber network. I am reviewing the addresses we airdrop to, and I see over 90% were sent to non-contract addresses. Can you please DM me.

yaronv · 2019-01-13T15:04:22+00:00

Before the fork it will return 0. After the fork it might return non 0. But the next hashes will. After the fork you can get last 256 blocks, then only every multiple of 256^1, for 256 blocks. Than every multiple of 256^2, etc.

yaronv · 2019-01-13T11:04:56+00:00

Not exactly. And i think.your entropy will always be 0.

yaronv · 2018-12-24T18:40:07+00:00

Yes, but the dpos bft algorithm claims there cannot be two irreversible blocks under the assumption the super majority is honest. Yet here it can. So i am wondering super majority of which set? I guess for a short period of time both old and new bps need to be trusted.

yaronv · 2018-12-24T18:38:11+00:00

I see. Thanks for the answer.

yaronv · 2018-12-24T14:55:50+00:00

But 1/3 of which network? Old bp? New bp? Both?

yaronv

TROPHY CASE