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[Tech]: TBCD Buy-back and burn #178

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Tieumsan opened this issue Oct 31, 2023 · 0 comments
Closed
4 tasks done

[Tech]: TBCD Buy-back and burn #178

Tieumsan opened this issue Oct 31, 2023 · 0 comments
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@Alexey-N-Chernyshov
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tech Technical task

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@Tieumsan
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Tieumsan commented Oct 31, 2023 •
edited by bgodlin
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Problem statement

At the release of the SORA Synthetics (XST) we redirected the 10% of the VAL and PSWAP remints to go to buy back and burn XST as it was used for funding.

Since then the tokenomics changed to use TBCD to be used for funding. Therefore, we need to redirect the 10% remints of PSWAP and VAL to buy back and burn TBCD.

Additionally we want the margin of TBC to go buy-back and burn TBCD as well.

sora-xor/sora2-network#130
sora-xor/sora2-network#343

Description

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Definition of Done

  • 10% remint of PSWAP goes to buy-back and burn TBCD
  • 10% remint of VAL goes to buy-back and burn TBCD
  • TBC margin goes to buy-back and burn TBCD

Requirements

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@Alexey-N-Chernyshov @ra9mls @Tieumsan