We were USD > $1 but didn’t made any reserves and now USD is again at 0.6. Main reason is that people didn’t understand the positive rebase.
Should we set the transfer to the reserve at 100%? In that case for every positive rebase, the minted USD will go the the reserve to be sold for ETH. This ETH will be used to buy USD of people leaving the system (at 0.95 if I’m correct, so making a profit). At some point we will be able to use some of those ETH to reward SHARE holders by buying SHARE, repay v1 holders, …
The con is that you will no longer get USD.
What do you think?