I drew the design of Borrow FEI idea. And I hope FEI will be more and more usable in DEFI world . But for the first step after peg FEI to 1 dollar.
I suggest team develop the Borrow FEI function to meet the needs of our community , especially the 100% pre-swappers holders as me. They will be long-term supporter for FEI protocol.
- The Mission of 「Borrow FEI」:
- Solve the need of pre-swappers who want to stake LP
but have no more assets to get FEI
- Expand the usage of FEI
- Be the core function of FEI
- part of Interest income can be used to repurchase and burn $TRIBE .
TRIBE token deflation will make TRIBE more valuable,
and TRIBE holders benefit from the income of system.
- Keep pre-swapper tribe holders, bring more new tribe holders.
- About collateral assets allowed:
- USDT, USDC
- or othes …
About Borrow ARP:
I suggest users who use TRIBE as collateral assets
should have an advantageous borrow APR (eg. 50% discount ) than others.
To list integrations coming soon
We can list some integrations that have not realized but we are devoted to doing.
It will be appealing to new users.
And I think it is the solid achievement what we want to reach.