The Problem
Collateral is deceasing for the last months.
Also adding 15Mio$ of WX ecosystem tokens will not last forever in collateral.
XTN supply will increase due to Vires Vesting and Surf transformation.
==> It is difficult to get a high BR.
==> XTN value ($) will stay low probably for a long time.
What do you suggest to change?
XTN holders should have the opportunity to freeze their amount (like in Vires) 3/6/9/12 months and get an income/APY on their XTN.
Via SC and AMM, XTN (maybe Surf too) are used to buy Waves ecosystem tokens (Waves/West/Egg/Swop etc). These tokens will be stored and staked in collateral.
This mechanism is attractive, when market is down and needs support from community.
=> Buying collateral tokens, when token value is down.
=> After several month, when market is up and token value is higher, get XTN back at e.g. 1$.
=> Burn the rest of XTN
==> XTN supply decreases
==> Collateral increases
==> BR and XTN Value increase
*Edit:
Burning XTN and increase collateral will only work, if costumer/governance set a favored price per XTN e.g. 1$ which should achieved.
Example:
60Mio XTN x 0,3$/XTN = 18Mio$ Buying Power
18Mio$ / 2,5$/Waves = 7,2Mio Waves in collateral
Favored Price is e.g. 1$/XTN
Waves increase to 10$
Collateral is now 72Mio$
60Mio USD will be payed
12Mio XTN will be burned