If the value of the crypto held in reserve shrinks, meaning the number of Unum issues is greater than the $ value of the reserve, then a Reserve Deficit Sell Penalty is applied for anyone who wants to sell unum for crypto in the reserve.
How does your sell penalty works ? For example what would be the penalty amount for selling 1500 unum ?
Otherwise, Id really like seeing that method pegged to other assets. In my case I really need a 1∕1 decentralized cryto pegged to the euro because of the decreasing ᴜꜱᴅ value against euro (along my bank 1% transfer fee and 10% margin on market exchange rate, it is more and more costly to receive your wage in ᴜꜱᴅ while living in europe)
The Reserve Deficit Penalty is 1/10th of the Reserve Deficit. So, if there the contract has issued 1,000,000 Unum, but the USD value is only $900,000, then there is a 10% deficit, and a 1% penalty would apply to anyone who wanted to sell unum for any crypto in the reserve.