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Suggesting

v1.1 enhancements: 1. New protocol fees for $ANC 2. Decentralized oracle 3. Interfaces for easier integrations 4. New governance & $bANC Jan/Feb 2022 (tentative)

forum.anchorprotocol.com

Suggestion: Short-term Enhancements for Anchor Protocol

While Anchor has been successful in proving market demand for high & stable savings for stablecoins, there are many improvements to be made to its core protocol. These improvements are best impleme...

547

Do Kwon

@stablekwon

Nov 15, 2021

Bearish on increasing buybacks - a third of all protocol revenue being used for buybacks is high and likely will slow growth or weaken the yield reserve

129

Nicolas Flamel

@NicolasFlamelX

Nov 15, 2021

Remember when $Luna went from 50 cents to $20 and it captured the interest of the entire crypto community? $Anc going up could do the same which would only increase borrowing / deposit and devs interests. Buyback would help…

No it wouldnt

How it would?

Replying to

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· Nov 15, 2021

Replying to @desimulator01 @NicolasFlamelX and 2 others

Im not saying token holders dont deserve love Im saying simply increasing buybacks is a IQ20 move- anchor buybacks dont even take tokens out of circulation, it just results in gov farmers profiting We need to reduce emissions and reward holding behavior

7:34 PM · Nov 15, 2021Twitter for iPhone

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