[Report] OpenDollar's Risk Parameters
SummaryThis proposal suggests the PI Controller and Collateral Factor parameters and outlines the quantitative methodology used to arrive at these values.Problem definitionOpen Dollar is a stablecoin protocol that permits users to borrow the stable $OD against a predefined set of collateral assets. To maintain its peg, the protocol employs a PI Controller to dynamically adjust the redemption rate, influencing the redemption price of the issued stablecoin. This mechanism creates arbitrage oppo...
[Report] OpenDollar's Risk Parameters
SummaryThis proposal suggests the PI Controller and Collateral Factor parameters and outlines the quantitative methodology used to arrive at these values.Problem definitionOpen Dollar is a stablecoin protocol that permits users to borrow the stable $OD against a predefined set of collateral assets. To maintain its peg, the protocol employs a PI Controller to dynamically adjust the redemption rate, influencing the redemption price of the issued stablecoin. This mechanism creates arbitrage oppo...
