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Published 20 hours ago • verified publisher icon balancednetwork

bnUSD Price Design

Open BennyOptions opened this issue 2 years ago • 2 comments

@parrot9design I was thinking it could be worth changing the phrasing here. We could instead think of it / phrase it as "sICX discount against bnUSD" or "sICX premium against bnUSD" since it's actually asset-type specific. For example, might be a discount against Bitcoin while a premium against ETH.

@hetfly I'm not sure how you get this number - if it's from the BE let me know, might have to think of a different way. Screen Shot 2023-02-22 at 5.41.03 PM.png

BennyOptions avatar Feb 22 '23 22:02 BennyOptions

Let's use liquidity weighted average of

  • ETH/bnUSD vs ETH/USD from BAND oracle
  • BTC/bnUSD vs BTC/USD from BAND oracle
  • sICX/bnUSD vs sICX/ICX vs ICX/USD BAND oracle

BennyOptions avatar Mar 29 '23 20:03 BennyOptions

@BennyOptions is this still valid?

FezBox avatar Mar 18 '24 09:03 FezBox