This will result in a small buyback on the PSP and more liquidity for the protocol…
It is simply the right thing to do.
And it would be nice to know which other chains benefit from positive slippage… I only see ETH and BSC … what about Avalanche and Polygon ? And now fantom ?
Slippage benefits are generated by users and should be compensated to users. Here’s an easy way to take advantage of it wisely. Purchase all PSPs regularly (weekly/monthly) with the income from slippage profits. 20% of the PSPs obtained or other proportions will be allocated to the team for follow-up development, and the rest will be set up in a separate reward pool with a cycle (day/week/month). ) divides the PSP rewards in the cycle according to the gas fee spent by the user. In this way, the PSP can be circulated, and the number of people holding it will become more and more, the consensus will be stronger, and there will be more competitive advantages.
Thanks for your participation @liu but for a better global understanding, please keep the exchanges in English.
These are nice discussions, but I think we need to keep it simple, as predictable as possible and readable to users.
We have, imho, 3 obvious goal to pursue:
increase ParaSwap’s volume
increase value of $PSP by giving it more utility
increase value of $PSP by giving it more underlying value
It is very risky to do anything at this stage which could lead to decrease our volumes, so I wouldn’t add any kind of tax atm. Let’s first focus on what we have.
We can still act on 2nd or 3rd point, either by helping to fund gas refund budget proposal (only for ppl who stack a significant amount of $PSP) or by helping to buy back CVX/CRV (or other kind of solid collateral). I would not choose LP as that would require gas and complex / frequent re-arbitrage to track the best rewards, convert them to other asset …
if we build a autoswaper contract , an a hacker would be able to send a corompus token and when the program sign the aprouval .he is able to siphon all tokens ?