Authorize use of emergency community funds if reserves run out

[bitn8]

@e-gons

What about a yield curve?

Another option is to move the interest rate into a yield curve that pays different rates for different deposit lengths. For example:

1. For the first 12 months, you get the Threshold rate
2. In months 12-24, you get Threshold + y %, and
3. After x months, you get the full Target rate.

I really like this idea and it’s solid thought. Circle’s new APY is like a money market account where you can’t get the full 7% unless you lock up your funds for a year and the rate drops for shorter lock-ups. Strongly behind this and would like to see others in the communities thoughts. @e-gons Maybe break this out into a separate thread here and let’s see what others think?

@e-gons

UST deposits - Attaching a withdrawal fee here would be quite detrimental to Anchor’s key advantage of instant & free withdrawals

Also agree this would not be good.

@e-gons

Is there a mutually beneficial relationship with Mirror worth exploring too?

Not sure I see the demand on MIR with ANC yet. Perhaps in time we will see something we can explore there. So far, I like the two ideas we have here, so let’s try to run with that.

@e-gons

do you want to post something in Agora about LP fee sharing with Anchor?

I think it would be worth exploring posting over there and seeing what other say from the broader community. As well as the trade offs of any complexity it might have. I will get a simple writeup going and hopefully get it up there in the next few days.

Thanks