Poll: Update iETH Parameter, RMR = 200%

Temp Check Polls
1

Here you can cast your vote to Update iETH, RMR = 200%

  • Yes
  • No
0 voters
1 Like
2

Great job guys, keep chasing away users from the protocol with these kind of ideas.

image
image1338×976 65.2 KB

So far you’ve done 0 to regain the peg and done massive damage to INDY TVL and token price. Slow clap…

Also since V2, we’ve lost about 38% of TVL in ADA terms on INDY. Simply stunning.

image
image3416×1032 217 KB

The regain the peg paint chip brigade ignores every single other metric where INDY was a healthier protocol before constantly changing the parameters or voting for changes on a weekly basis.

3

There are many things you don’t understand. This is a market condition: all CNTs have lost value, not just INDY. If you lost money it’s your own fault don’t blame Indigo for this, it is not the purpose of this discussion. Please do understand we’re all members of the DAO and can share our thoughts on these discussions peacefully. It is the way to run a proper DAO and indigo team and members are doing very well. I pretty understand your frustration but it is not the right way to do so.

Also Holders still rising, Staking still rising.

Capture d’écran 2024-08-11 à 16.06.59
Capture d’écran 2024-08-11 à 16.06.591859×461 42.4 KB

We’re fine we just need to act accordingly and restore this god damn peg.

4

Ok, reading my post again the next day and your response…that’s nice and all but you didn’t address the main issue. These kind of proposals do put downward pressure on the token. You talk about emotion and peace, and all you responded on was your emotion.

Going back again to the objective facts:

  • INDY token is tanking.

  • Peg has not been regained, nor has anything changed that will have a long term impact on regaining it.

  • TVL is tanking in terms of ADA (ignoring USD price difference for ADA makes sense here, because it’s not INDY’s fault if ADA goes up/down).

Given the above facts, I see this proposal only continuing to put pressure on INDY token and TVL going down, while not fixing the peg.

5

That’s the market. Don’t want to lose ? Don’t play.

There are numerous discussion and polls actually going on to update RMR, MR and interests thus yes there are actually many things ongoing to fix the peg.

Liqwid is going through the same thing, LENFI too all major defi are. Complaining about this is childish and makes no sense in these market condition.

The only thing to me that is important right now is the repeg of iUSD to sustain trust into users.