1. Idea
rTRAVA is the reward for users who lend/borrow on Trava Lending Pool. As mentioned in some article before, rTRAVA holders have their own voice on the governance process. The rTRAVA holders get share from profits gained from Trava Lending Pool. rTRAVA now becomes an essential part of the development in the Trava ecosystem. And we would like to create as many utilities as possible for rTRAVA in the future. The idea of Bridge for rTRAVA across BSC/FANTOM will help in:

• Building strong connection among our lending pool.
• Increasing utilities for rTRAVA and TRAVA in the ecosystem.
• Making the fair among rTRAVA holders for the Governance Process across three networks.

2. Current Status
Only TRAVA Bridge across BSC/FANTOM is available now: https://app.trava.finance/bridge

• Minimum TRAVA per transaction is 500
• Maximum TRAVA per transaction is 50,000
• Maximum TRAVA per day is 500,000
• Fee = 2% * amount converted + 20 TRAVA

3. Discussion
Should we create the rTRAVA bridge across BSC/ETH/FANTOM network? If so, which fee and bridge parameters are suitable?

1. Idea
The market has changed a lot from the first day of Trava Lending Pool. The asset on the lending pool was updated up/down by its community, application and utility.

• The LTV parameter determines the maximum amount that can be borrowed for a specific amount of collateral. The higher LTV, the higher the amount of borrow amount for an amount of collateral. In the meantime, higher LVT leads to higher risk for lenders if default happens.
• Regarding liquidation threshold, it is calculated as the weighted average of the liquidation thresholds of the collateral assets and their value. The lower the threshold, the more benefits for borrowers as remaining their borrowed assets . However, an unreasonable low level of liquidation threshold leads to the risks for lenders.

The change of risk parameters might benefit lenders, borrowers and Trava Lending Pool. Based on the reasonable change in parameters, users can help contribute in:

• Attracting new users with more attractive requirements for lending/borrowing.
• Making protocols safer with the bear market conditions.

2. Current status
For now, the risk parameters are determined in our Lending Pool on 3 networks as follows:


In addition, we have currently been developing credit worthiness of tokens, called Token Health. The Trava Token Health model is now built based on 7 indicators, including: (1) Market Cap, (2) Number of transactions, (3) Trading volume, (4) Number of holders, (5) Distribution of tokens to holders, (6) Price, and (7) Price stability. It is a helpful tool for users to minimize the risks related to token price and liquidity, especially in the bear market situation.
Based on Token Health, users can easily evaluate and propose suitable parameters for each token in the Trava Lending pool to maximize the benefit of lenders, borrowers and our protocol.

3. Discussion
Should we update parameters on our lending pool so that it brings more benefits for users as mentioned above? Any suggestions on calculation for the change of risk parameter?

1. Idea
veTRAVA marketplace is on its way, bringing us to the next level of the “Decentralized”.
In detail, this feature fosters the power of users by enabling peer-to-peer exchange voting power in the form of veTRAVA (NFT form). For more information about veTRAVA Marketplace, access the article here

In the first step of building the marketplace, we would like to collect the community’s ideas in main aspects, such as the token types and the fee charged, that will directly affect your experience and benefits.

2. Current Status
In general, the process of joining veTRAVA Marketplace could be simplified as below:

Sellers:

• Lock their tokens in a particular period to get veTRAVA
• Place their veTRAVA on the marketplace and set reasonable prices, based on the voting power and the locking amount (that will then be the buyer’s ownership)

Buyers:

• Search and purchase the reasonable veTRAVA on the marketplace
• Receive veTRAVA (voting power) and all locking amount

3. Discussion
In this case, you, as both sellers and buyers, need to consider these points:

• Which token to buy and sell?
• What is your opinion about the fee charged in veTRAVA Marketplace?
  Raise your opinion now so we will discuss more and come up with the best options.

@thangtrava One more thing, you can only convert rTRAVA to TRAVA but can not convert TRAVA to rTRAVA

@kel Just care about them because they are token with their own users. Add them with suitable parameter can be broadcast our lending pool to new user. Also, the assets that you mention are great token to add to our lending pool.

@aliénor-0 rTRAVA and TRAVA have similar values. However, at the moment, rTRAVA can only be obtained through the use of a lending pool. Meanwhile, you can trade TRAVA on centralized exchanges (MEXC, Bitmart) and decentralized exchanges (Pancake Swap, Spooky swap and Uniswap)

@shelterswap Yeah. Great idea on integrate token health model to our lending pool. Of course, we have plan for that. Intergrate credit score and token health to our lending pool is one of our goals

@shelterswap Yeah. TraDAO is a production in Trava ecosystem. The integration among them will be more clear and more powerful in the near future.

@mazz086 Yeah. That's great idea. Actually we thought about it for a few months. At the moment, TRAVA has not been added into Trava Lending Pool. There are some reasons:

• The current market is not good. The price fluctuation will effect our lending pool.
• TRAVA still has small cap with small circulating supply. That's delicious bait for hackers to knock out our lending protocols.
• There are lack of utility for users to borrow TRAVA.
  Base on these reasons, we have some plan for that:
• We can add TRAVA to our lending pool which is not collateral. With this features, users can earn rTRAVA as reward and earn TRAVA when other borrow their TRAVA.
• Create more utility for users to borrow TRAVA from lending pool. Some fund managements are being implemented to increase this aspect.
  How do you feel about it and do you have any idea for this?
  @Kel @theunreal @jefe811 @mazz086

1. Idea
veTRAVA marketplace is on its way, bringing us to the next level of the “Decentralized”.
In detail, this feature fosters the power of users by enabling peer-to-peer exchange voting power in the form of veTRAVA (NFT form). For more information about veTRAVA Marketplace, access the article here

In the first step of building the marketplace, we would like to collect the community’s ideas in main aspects, such as the token types and the fee charged, that will directly affect your experience and benefits.

2. Current Status
In general, the process of joining veTRAVA Marketplace could be simplified as below:

Sellers:

• Lock their tokens in a particular period to get veTRAVA
• Place their veTRAVA on the marketplace and set reasonable prices, based on the voting power and the locking amount (that will then be the buyer’s ownership)

Buyers:

• Search and purchase the reasonable veTRAVA on the marketplace
• Receive veTRAVA (voting power) and all locking amount

3. Discussion
In this case, you, as both sellers and buyers, need to consider these points:

• Which token to buy and sell?
• What is your opinion about the fee charged in veTRAVA Marketplace?
  Raise your opinion now so we will discuss more and come up with the best options.

@dattrava said in Mind Combat: Call for innovative ideas to develop BRicher:

Thanks for your idea. I think it is a great idea. The feature will be very helpful for users. Based on the strategies saved by investors, we can compare their profit and highlight the good ones. We can even offer a reward for good investors, as their strategies can help others a lot to make decision.

yeah. I think so, too. Could we make a league for users to find the best strategies?

@rudy HI rudy. Do you mean using the total value lock in our lending pool to be a liquidity in swapping pair token on pancake swap? The main idea of DEFI 2.0 is creating more profit from the locked balance in a defi project. We are researching the mechanism to do that, but it takes time. The detail will be published to discuss on our Forum, AMA or Meet up in the future

@shelterswap That's sound great. Can you give me some more detail explaination for this idea?

@tonngokhong yes. We made a snapshot to add TUSD to our lending pool before. But the community said no. Do you think UST can get the positive results?

@bigben what do you mean avax follow wsTOD?

@chloexav Yes. Thank you for your suggestion about the new proposal. i will check and update for it. Do you have any idea to make TRAVA in lending pool more effective?

@mazz086 Yeah. That's great idea. Actually we thought about it for a few months. At the moment, TRAVA has not been added into Trava Lending Pool. There are some reasons:

• The current market is not good. The price fluctuation will effect our lending pool.
• TRAVA still has small cap with small circulating supply. That's delicious bait for hackers to knock out our lending protocols.
• There are lack of utility for users to borrow TRAVA.
  Base on these reasons, we have some plan for that:
• We can add TRAVA to our lending pool which is not collateral. With this features, users can earn rTRAVA as reward and earn TRAVA when other borrow their TRAVA.
• Create more utility for users to borrow TRAVA from lending pool. Some fund managements are being implemented to increase this aspect.
  How do you feel about it and do you have any idea for this?
  @Kel @theunreal @jefe811 @mazz086

@kel Just care about them because they are token with their own users. Add them with suitable parameter can be broadcast our lending pool to new user. Also, the assets that you mention are great token to add to our lending pool.

@rudy Yeah. That's quite a great idea for incentives program. Are there any project apply this idea?