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

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


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.