.75%
to quickly incentivize arbitragers to close the gap and recollateralize the protocol to the target ratio. The bonus rate can be adjusted or changed to a dynamic PID controller adjusted variable through governance.$250,000
worth of collateral needed to reach the target ratio. Anyone can call the recollateralize function and place up to $250,000 of collateral into pools to receive an equal value of XUS plus a bonus rate of .75%
.250,000 DAI
at a price of $1.00/DAI
and a market price of $3.80/XUS
is as follows:$1,000,000 worth of XUS
to receive excess collateral.238,095.238 XUS
at a price of $4.20/XUS
to receive DAI at a price of $.99/DAI
is as follows: