It’s actually very cool to see the Solstice team reacting like this to the announcement.
@RyanDay, id say take a snapshot of the YT-eUSX positions just before the announcement and have your math wizards calculate an appropriate number that represents the impact the launch of YT-USX caused and perhaps there can be some SLX bonus for the holders.
Either that, or there could be boosted USX rewards for YT-eUSX that would theoretically return it to a higher price and people can then decide to reduce their positions or sit and farm their way back up from the loss. This would however hurt for those who exited their positions at a loss
Some insane alpha was dropped by @RyanDay in the Solstice discord
The @solsticefi team is digging through the data to try to make it right for everyone that was in the yt-eUSX markets & suffered losses today
"We're discussing this internally" (in relation to compensation to yt-eUSX holders)
"It's tough - if we fix it for one side, the other gets ruffled. If we do nothing, we're stuck in this bad spot. If we fix it for both, then we're in the same boat"
"But it's #1 priority for us - we'll have better answers for you tomorrow"
"Just curious what you'd do in our shoes - open to ideas?"
It's amazing to see this responsiveness & will to make things right despite these losses not being directly Solstice's fault.
They're open to community suggestions & clearly listen to the Solstice community which is sadly extremely rare for companies to do now.
Some insane alpha was dropped as well:
"Right now we're trying to get 1 defi partner in each of the main buckets (so we have lending, now PT/YTs, and we're looking for more categories to roll out in)"
"So likely these other partnerships will roll out after TGE"
It's extremely important for a DeFi protocol to have a ton of DeFi integrations & Solstice covering all bases is expected, but I feel like we might get a Flare Season 2 update
This is complete speculation, however given how many companies do a S2 update post-tge, and the fact there will be more Deep DeFi integrations, that might be where we are headed
You might have a choice to make upon tge that really indicates how bullish & loyal you are to the Solstice ecosystem.
Personally, I'm staking my SLX if that's an option.
Mandatory Solstice invite code plug (you get free flares!):
RMs8uzY6QP
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