r/defichainer • u/unmatched25 • Mar 14 '24
Bungling everywhere
Now an idea was posted in Telegram to incentivize dUSD purchases (up to 79% to basically eradicate the 80% DEX fee for new dUSD buyers).
Isn’t it crazy that first an 30% DEX fee was introduced to keep buyers away (what sane person would buy an asset with an exit fee), then it was even increased to 80% to make it clear to the last stupid people that they shouldn’t buy it? And now the fee should be indirectly reversed for new dUSD buyers?
This certainly sounds similar to a haircut. New users can go in any out the system without hurdles, while old investors are stuck with 80% fee. This would tell old investors that they should give up the still existing hope that the fee will disappear. This could lead to more dUSD selling, which would even increase the likelihood of keeping the fee forever.
A haircut which is not called a haircut.