DEUS Improvement Proposal - 3

Proposal for DEUS v1.2 - V2

For the last five days after my blog post of V2, we have started in-depth Documentation on DEUS V2 we will release in the upcoming days, but together with the Documentation and already before I realized how big of a project this will become in the future.

In this proposal, I want to lay out the foundation of changes needed to position the DEUS protocol so it can achieve the transition smoothly.

The too long didn't read of this proposal:

Implement a fractional Reserve Stablecoin, like Frax called "DEI." Implement a fractional reserve of DEA of 25% Implement a fractional reserve of DAI of 75% (improve its TWAP with Muon, implement FailSafes to avoid something that death spirals during bank runs.)

Pair all Synthetics with that Stablecoin.

Use all DAI currently sitting in the Synchronizers to mint DEI.

Buying DEI would burn DEA, based on Muon Oracle price. Selling DEI would mint DEA, based on Muon Oracle price.

more about the proposal in this Blogpost: https://lafayettetabor.medium.com/deus-improvement-proposal-3-12aecb2573ec