Transfer ownership of Collateral Reserve

  • The new Collateral Reserve Contract is currently being re-written to support rebalancing. The Rebalancing logic has already been written and tested. Minting/redeeming is currently in development. Once everything is ready, collateral (FTM) will be moved to the new contract and a rebalance will take place.
  • We must decide on when to rebalance and by how much.
  • With the extra selling pressure due to end of year taxes, it’s better to wait until at least next year.

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Welcome to Partial Collateralized Algorithmic Stable Token Project on #Fantom. => Join our community. http://discord.gg/bG7MqNGKxV #ftm #coffin #defi

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Welcome to Partial Collateralized Algorithmic Stable Token Project on #Fantom. => Join our community. http://discord.gg/bG7MqNGKxV #ftm #coffin #defi

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