- Yes89.8%
- No10.2%
2,590 votesFinal results
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Correct me if I’m wrong, forex reserves will only be used during extreme volatility/rapid contraction/deviation >1% right? During such an event, wouldn’t the seigniorage being produced be greater than “normal” times, thus rapidly adding more funds to replenish reserves?
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For those reading, it’s also interesting that, in theory (and given the trajectory of UST and DeFi), these reserves could largely just become a forever locked diamond vault of decentralized digital assets…interesting isn’t it?
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