Posts made by quanTrava

@jasonmar Of course, we want to use Wallet Reputation for all features in TraDAO protocol

@bigben We are having staked version of TOD. Interestingly, it's name is xTOD. Using xTOD to deposit into the lending pool is completely possible. But using xTOD as collateral and borrowing other tokens, for example USDT, requires a lot of consideration. Because TOD is currently still a token with large price fluctuations, a whale can push the price of TOD very high to borrow a large amount of USDT and then dump the TOD price. They will receive a large amount of USDT and the lending pool will be affected. It's also a mechanism used in a lot of recent lending pool hacks. We are trying to create more utilities for TOD and xTOD. Hope it's works well!

@bigben It sounds good. Unfortunately, we cannot do it. Let's me explain! As far as I know, we have 2 ways to implement your idea:

1. The TOD contract must support this function, but TOD contract cannot be upgraded. We don't code and deploy our contract like that because I think no one trusts a project with a token contract can be changed.
2. We have to implement a DEX like PancakeSwap and add tax feature to it. We definitely do it for sure. However, people still buy and sell TOD on PancakeSwap so the DEX we implemented make no sense

@victoriaph Actually, other OHM folks projects are doing something like this. They are investing to new projects or depositing to other vault, lending pools. Profits from those actions will be shared with their users. I think it's a good idea to make our Treasury become bigger

What APY do you guys expect? Do you want us create a snapshot voting???

@violeta At this time, TOD and Trava Reputation is calculated separately. You can use TOD Reputation to buy bonds with high installment percentage. We are integrating TOD and TRAVA Reputation together. In additions, we are trying to use Wallet Reputation for many parameters like: APY, discount, debt rate....

1. Idea:
Defi’s growth is very rapid, and there are many new business models being introduced every day. In this case, the cooperation between different projects is the key that leads to a better chance to scale up the business, strengthen the community, and benefit users in the ecosystem as a whole.
For example, Olympus DAO as the pioneer of the new model - Decentralized Autonomous Organization, has built their partnership with several OHM Fork projects, such as JonesDAO, FIATDAO, etc. This relationship benefits the Olympus DAO community as it enables them to make decisions in the other’s community. In addition, it also brings Olympus DAO’s partners an advantage in receiving critical support from “The Giant” Olympus DAO.
2. Current status:
For now, after nearly three months, by bringing users with various unique features, such as bonding installment, wallet reputation, etc., TraDAO has built its own community and reached some critical milestones.
However, support from other partners is needed for the protocol and the community development. Thus, we are now finding opportunities in cooperating with other projects for
3. Discussion
Do you have any suggestions for projects that TraDAO could work with?