Adjust bnTKN redemption

Community Chatroom (DISCUSSION)
1

A possible fix for making current LP’s whole:

  • Upon TKN deposit bnTKN receipt is given 1:1 of your native TKN deposit.
    FIX is to adjust the protocol so that:
    -When one’s position is unstaked, the protocol only takes the amount of bnTKN that will net you your native TKN back.
    ie: User A deposited 1000 Link, is given 1000 bnLINK. User A is now only able to withdraw 550 Link due to the deficit.
    Have the remaining 450 bnLINK be claimable 1:1 when the protocol is in surplus.
1 Like
2

If that’s the way, no one will lp into the pool because we will exit as soon as there are liquidity.