I’m sorry, you may not like my response.
This is very all over the place. First of all, the concept of park rates producing infinite interest rates is well understood as an extreme consequence of Nu being bankrupt beyond the marketcap of nsr; in other words, we are no where near this possibility and likely won’t be for years if ever. That said, of course economic downturn looks like high interest rates, as it does for every vast economic system with control over supply and demand.
As far as pegging bkc to nbt, we have to understand that that is a coupling of the two economies and that without a large spread we are uniting the costs and gains as one (lacking a method of price feeding). We should never expect bkc to grow beyond $1 (b&c is selling for $1) so what exactly does Nu gain from pegging 1 nbt = 1 bkc? It seems like all Nu can do is lose in that deal.
If we’re talking burns, that’s another story. For pegs, however, nsr holders should think long and hard before rewarding liquidity providers for buying bkc at a price of 0.995 nbt or whatever.
Lastly, I love your anti-spam concept. You’d do better to put it in its own thread and bump the discussion occasionally than to relate it to conversations that are only marginally related to it.
