BBPD holder to buy BBP at a discount, say a 20% discount.
Have you thought through your idea? If I buy BBPD at a discount, where does that lead us?
I just churn 800 BBP -> 1 BBPD -> $1 USD -> 1000 BBP. At the end of each churn, I make 200 BBP.
Yes. 20% is too steep. It should be more like a 2% discount so someone with $100,000 could make $2,000 in market making per day given enough volume. That is actually one of the key features is that market making should add to the liquidity: the liquidity is a major problem with BBP, but if you added the stable coin feature this way it would help to bring in liquidity. I can explain in a little more detail but I need to know if Rob is even interested. Otherwise forget it, I'll go somewhere else.