Proposal: reweight PEG price = min(secondary market price + 0.02U, 1U)

[ryan.fu]

Thanks to the hard working of the team. The proposal announced in https://twitter.com/feiprotocol/status/1380730707903795200?s=20 produces new chances of arbitrage.

the FEI price increased just because new arbitragers. finally they will take the eth of PCV. Both 0.9 and 1 are stupid choices. No change should make in this proposal.
new proposals should be provide, and proposal: reweight PEG price = min(secondary market price + 0.02U, 1U) always maybe a good choice.

[HittingBOMBS]

Stop calling risky trades arbitrage.

Fiddling with code while there’s still a billion $ in this mess is not a good idea. Definitely no to this.

[GrantG]

I agree, it is my belief that instead of tinkering and testing with new code, the team should instead focus on debate between @joey proposal, and @siddharth proposals.