Announcement about NFT Marketplace of Argon.

02 Oct 2021, 20:59
Announcement about NFT Marketplace of Argon 🚨 We tried our best for the Argon NFT marketplace and worked with @peckshield for the audit process of smart contracts. We completely reconfigured and upgraded our servers. However, we missed a detail as a team.

Same news in other sources

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Argon
ArgonARGON #3451
Twitter
04 Oct 2021, 09:26
RT @Avalanche_Space: ā™¦ļø@Argonfoundation is thrilled to announce their #NFT Marketplace is now available on #Avalanche network. ā™¦ļøMint Pric…
RT @Avalanche_Space: @Argonfoundation is thrilled to announce their #NFT Marketplace is now available on #Avalanche network.
RT @Avalanche_Space: ā™¦ļø@Argonfoundation is thrilled to announce their #NFT Marketplace is now available on #Avalanche network. ā™¦ļøMint Pric…
Argon
ArgonARGON #3451
Twitter
04 Oct 2021, 09:26
RT @avaxholic: ARGON MINTING EVENT ANNOUNCEMENT @argonfoundation is the first & only blockchain-based freelancer platform. Their #NFTMarke…
RT @avaxholic: ARGON MINTING EVENT ANNOUNCEMENT. @argonfoundation is the first & only blockchain-based freelancer platform.
RT @avaxholic: ARGON MINTING EVENT ANNOUNCEMENT @argonfoundation is the first & only blockchain-based freelancer platform. Their #NFTMarke…
NearPad
NearPadPAD #1962
Telegram
04 Oct 2021, 07:16
With a little delay, the time is now approaching. šŸ’Ŗ The @pulsemarkets' token sale will take place on October 7th. šŸš€ - Total Supply: 100,000,000 - Issued Supply for Token Event: 5,000,000 - Pool Type: 2 Types. Staking and Whitelisted - Staking Pool Allocation: 80% of Issued Supply - Whitelisted Pool Allocation: 20% of Issued Supply - Whitelisted Pool Tickets: 750 - Price Per Token: $0.25- Seed/Private Sale Details: None. Fair launch - Accepted Currency: USDT - Venue: - Network: Ethereum - Duration: 24 hours for capped staking allocation. 48 hours for staked FCFS, uncapped pool
With a little delay, the time is now approaching. The @pulsemarkets' token sale will take place on October 7th.
With a little delay, the time is now approaching. šŸ’Ŗ The @pulsemarkets' token sale will take place on October 7th. šŸš€ - Total Supply: 100,000,000 - Issued Supply for Token Event: 5,000,000 - Pool Type: 2 Types. Staking and Whitelisted - Staking Pool Allocation: 80% of Issued Supply - Whitelisted Pool Allocation: 20% of Issued Supply - Whitelisted Pool Tickets: 750 - Price Per Token: $0.25- Seed/Private Sale Details: None. Fair launch - Accepted Currency: USDT - Venue: https://t.co/XJzhkv0apV - Network: Ethereum - Duration: 24 hours for capped staking allocation. 48 hours for staked FCFS, uncapped pool
Bitcicoin
BitcicoinBITCI #1788
Telegram
04 Oct 2021, 06:28
🧔 Yine Bitci, yine fan token dünyasında bir ilk! šŸ”„ Her başarıyı alevlerle kutluyoruz. #Bitci #KazananlarınYanında
Yine Bitci, yine fan token dünyasında bir ilk. Her başarıyı alevlerle kutluyoruz. #Bitci #KazananlarınYanında.
🧔 Yine Bitci, yine fan token dünyasında bir ilk! šŸ”„ Her başarıyı alevlerle kutluyoruz. #Bitci #KazananlarınYanında https://t.co/yQ3u1EinBV
Binance USD
Binance USDBUSD #437
Telegram
04 Oct 2021, 05:02
Binance Adds CVP/USDT, DENT/BUSD & FRONT/USDT​​ Trading Pairs
Binance Adds CVP/USDT, DENT/BUSD & FRONT/USDT​​ Trading Pairs.
Binance Adds CVP/USDT, DENT/BUSD & FRONT/USDT​​ Trading Pairs https://www.binance.com/en/support/announcement/789960be49034d57ba1e77a3aff8778f
Bitcicoin
BitcicoinBITCI #1788
Telegram
03 Oct 2021, 21:58
šŸ”„šŸ§”
telegram news 03 October 2021 21:58
šŸ”„šŸ§” https://t.co/6xxpXyzMd3
Bitcicoin
BitcicoinBITCI #1788
Telegram
03 Oct 2021, 21:43
āš½ļø Ankaragücü šŸ†š BB Erzurumspor šŸ’™šŸ’› Resmi Fan Token Partneri olduğumuz @Ankaragucu’ne başarılar dileriz! #Bitci…
ļø Ankaragücü BB Erzurumspor. Resmi Fan Token Partneri olduğumuz @Ankaragucu'ne başarılar dileriz. #Bitci….
āš½ļø Ankaragücü šŸ†š BB Erzurumspor šŸ’™šŸ’› Resmi Fan Token Partneri olduğumuz @Ankaragucu’ne başarılar dileriz! #Bitci… https://t.co/zuIzMDNNYG
Bitcicoin
BitcicoinBITCI #1788
Telegram
03 Oct 2021, 21:28
Bitcicoin sahiplerine ƶzel ayrıcalıklar! Yatırımcıları nasıl gelişmeler bekliyor? 🤩 Bitci Teknoloji CEO'su…
Bitcicoin sahiplerine ƶzel ayrıcalıklar. Yatırımcıları nasıl gelişmeler bekliyor. Bitci Teknoloji CEO'su….
Bitcicoin sahiplerine ƶzel ayrıcalıklar! Yatırımcıları nasıl gelişmeler bekliyor? 🤩 Bitci Teknoloji CEO'su… https://t.co/wd5hpH5Wpn
Bitcicoin
BitcicoinBITCI #1788
Telegram
03 Oct 2021, 21:13
Bitcicoin sahiplerine ƶzel ayrıcalıklar! Yatırımcıları nasıl gelişmeler bekliyor? 🤩 Bitci Teknoloji CEO'su…
Bitcicoin sahiplerine ƶzel ayrıcalıklar. Yatırımcıları nasıl gelişmeler bekliyor. Bitci Teknoloji CEO'su….
Bitcicoin sahiplerine ƶzel ayrıcalıklar! Yatırımcıları nasıl gelişmeler bekliyor? 🤩 Bitci Teknoloji CEO'su… https://t.co/wd5hpH5Wpn
Venus DAI
Venus DAIvDAI #1067
Telegram
03 Oct 2021, 21:08
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Venus DAI
Venus DAIvDAI #1067
Telegram
03 Oct 2021, 21:08
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Venus DAI
Venus DAIvDAI #1067
Telegram
03 Oct 2021, 21:08
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Venus DAI
Venus DAIvDAI #1067
Telegram
03 Oct 2021, 21:08
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Venus DAI
Venus DAIvDAI #1067
Telegram
03 Oct 2021, 21:08
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Venus DAI
Venus DAIvDAI #1067
Telegram
03 Oct 2021, 21:08
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Venus DAI
Venus DAIvDAI #1067
Telegram
03 Oct 2021, 21:08
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Venus DAI
Venus DAIvDAI #1067
Telegram
03 Oct 2021, 21:08
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Venus DAI
Venus DAIvDAI #1067
Telegram
03 Oct 2021, 21:08
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Venus DAI
Venus DAIvDAI #1067
Telegram
03 Oct 2021, 21:08
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Venus DAI
Venus DAIvDAI #1067
Telegram
03 Oct 2021, 21:08
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.
Users need to pay interest for the VAI that they have minted. The interest is called Stability Fee.The stability fee is similar to the money market interest rate in traditional finance. When the demand for VAI is insufficient and the supply is in excess, the interest rate is raised and the Stability Fee is increased to recover VAI; when the demand for VAI is strong and the supply is insufficient, the Stability Fee needs to be reduced to encourage VAI’s minting When the price of VAI is lower than $1, it means that its actual demand is less than the market supply, and the Stability Fee needs to be increased to recover liquidity; when the price of VAI is higher than $1, it means that its actual demand is greater than the supply, and the Stability Fee needs to be reduced. The more VAI deviates from 1 USD, the higher the Stability Fee adjustment should be until VAI returns to around 1 USD The Venus risk team will formulate the Stability Fee adjustment rules, which will be issued through VIP. Then the risk team will adjust VAI’s Stability Fee regularly in accordance with the rules... This is still a work in progress guys so don't be scared. The interest are probably not going to enter in effect for at least a few more weeks.