The RCBF is more like a backstop when correlations of sRWAs gets beyond -5%
When this happens, the RCBF is available to anyone who wants to arb the peg and make a decent profit. Right now, you can make over 10% profit by arb'ing the TNVDA Peg
This opens up two-way arbitraging for the sRWAs. We'll start to see TNVDA reach its peg correlation rapidly now. I plan to buy some TNVDA and do these conversions
Note that the RCBF isn't meant to be something you interact with daily. Its a mechanism that steps in to pump the prices of sRWAs back to their pegs
I'm excited to see this work in a live environment! Lots of simulation tests have been conducted
RE: LeoThread 2026-01-03 04-19