Discuss - Create a new 8X market neutral AV that uses BUSD rather than USDT

1

The title is self explanatory.

There’s a lot of negative rumour around USDT.

Our market neutral AVs use USDT. Suggestion is to create a new one eg BUSD-BNB that means investors wouldn’t incur in bad debt if USDT tanks.

As part of it we could also enable a plugin to migrate the holdings from the USDT-BNB AV to this new one

Thoughts?

2

The team considered every viable pair. While we also thought about counterparty risks like Tether and Binance, what AVs there are mostly comes down to whether the APY on a certain pair is high enough to make it profitable.