Matt Luongo

@daramir this is awesome- @liz-shinn @r-czajkowski thoughts on this? Mostly interested in how best to integrate it in the dashboard plan

Not captured: a bunch of status 101s from Infura on websocket connection. Not sure what's up, but it's been independently reported by a few folks

Leverage is tricky. If we pursue this, it counters potential malicious signing fine but lowers the exchange rate delta the system can tolerate, since all signing bonds move together. Pursuing...

Another option would be enabling leverage across other work in the network. Eg, other pegged tokens might not move with BTC and ETH, offering an opportunity for safer ETH leverage,...

The safest approach thus far that can approach 1X collateralization (just the BTC) can be achieved by #118 and #117. Leverage research is still valuable to drive capital efficiency, but...

Redemption via Lightning is also a sweet improvement to Lightning- folks would be able to get network capacity. How would signers accomplish this, though?

> I want to know why MakerDAO doesn't do this already They're planning to do part of it- the part where bonds can be deposited elsewhere (eg Compound) then locked...

> the bond needs to have value - unlike ETH, TBTC isn't volatile, so it's lower risk for signers in terms of upkeep. I like this, it sounds nice, but...

> TBTC is always backed by a real amount of BTC, but will it have a different price on the market (ie. from lower Eth tx fees)? This was always...

I've discussed this with a couple folks outside Github, and I'm seeing confusion around > why MakerDAO doesn't do this already Intuitively, folks are asking "well, why can't we just...