Falling into a "water dungeon" after going online, the algorithmic stablecoin protocol FEI may usher in 5 urgent improvements

Since the decentralized stablecoin protocol FEI completed the founding stage and launched the Ethereum mainnet, its stabilization mechanism failed to stabilize FEI at $1 as expected, and the burn mechanism it set up also forced participants to be trapped in the protocol , For a while, the FEI agreement fell into huge controversy.

ChainUP Market VP Jade Chen: Filecoin mining entrants will face a real test after the mainnet goes live: IPFS100.com live report, August 3rd, hosted by IPFS100.com, CapitalN node consulting contractor, golden computing power Co-hosted by Cloud, Gold Sponsored by Shenzhen Xianhe System Technology Co., Ltd., Silver Sponsored by Anti-Entropy Technology, and Golden Finance as the co-sponsored media, the Interstellar Hitchhiker's Guide · Chasing the Central Plains · IPFS Technology and Application Research Forum was held in Zhengzhou.

In the roundtable session with the theme "What is the difference between Filecoin and commercialization", Jade Chen, the VP of the ChainUP market on the chain, said that after the mainnet of Filecoin is launched, it may face a situation of chicken feathers everywhere, but whether a phoenix can fly out of the chicken feathers, time will tell Tell us the answer.

She also pointed out that it is more about new infrastructure behind IPFS. This year, the policy level has given great support in terms of new infrastructure, but there is still a certain distance from the commercial implementation of IPFS. [2020/8/3]

In this regard, Fei Labs founder Joey Santoro responded to the current situation of the FEI protocol and put forward 5 urgent improvement proposals aimed at better stabilizing FEI around $1.

CoinList will distribute FIL tokens after the Filecoin mainnet goes live in August: According to a statement from CoinList on Friday, the Filecoin mainnet is expected to go live in August, and CoinList will distribute FIL tokens directly to investors after the mainnet goes live Investors can also receive tokens through Coinbase, Gemini, or Anchorage accounts, or self-custody tokens through ledger hardware wallets.

In 2017, Filecoin developer ProtocolLabs raised $205 million through SAFT (Simple agreement for future tokens, an agreement signed between the project party and investors, limited to qualified investors, with specific regulations on token unlocking, etc.). That is, through CoinList, more than 2,100 qualified investors from more than 50 countries participated in Filecoin investment. [2020/6/28]

In response to the above proposal, Fei community member sidneybane gave his opinion:

EOS ecological zone Xie Chaoye: After the EOS mainnet goes live, the EOS team may sell ETH: In today’s super node 1V1 dialogue organized by Kcash, EOS ecological zone Xie Chaoye said that after the EOS mainnet goes live, it will be both beneficial and unfavorable to ETH. In his opinion, after the mainnet goes live, there are three disadvantages: a group of DAPPs and users may be diverted from the ETH network, the demand for ETH participating in the EOS ICO will decrease, and the EOS team may sell ETH one after another. Of course, it will also make ETH feel the pressure and promote the internal upgrade of the network; new users are likely to use the ETH network at the same time. [2018/5/31]

In addition, many community members posted their views.

In this regard, joey concluded:

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