I followed closely the past days the listing of $fei on Uniswap. Here’s a very interesting thread describing what (theoretically) went wrong and what went well with it:
It caught my attention the mechanism to punish those who dump the token below a certain price by burning their holdings ~30%
Could this be a defense mechanism that could be extrapolated to $ubi? How could we use price oracles on a mechanism in the token to defend a price range?
an $ubi for your thoughs…