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Simultaneous Minting #1

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glasgowm148 opened this issue May 16, 2022 · 0 comments

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glasgowm148 commented May 16, 2022

I believe Simultaneous minting of sigusd and SigRSV at respective ratios would let markets solve all problems related to locking.

For example, RR=300%. Assume simultaneous minting is possible (I cant mint 1 sigusd, but I can mint 1 sigusd + 2 usd worth of RSV).

Now, I want my 1 sigusd, but I don't want those RSVs. Maybe someone can mint for me if I pay extra.

In the external order book, someone would offer 1 sigusd for 1.1$ worth of ERG. Accepting the offer would result in:

1 sigusd for buyer.
0.1$ worth of erg and 2$ worth of RSV for seller.
Sigmausd circulating supply goes up, RR stays same.

If simultaneous minting needs new deployment, then it is a different game. For the discussion, it would be good to know what can and cannot be done

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