MIP-0006: ARTHB: Redemption auction and staking

[enamakel]

@Ace

We should have an automated bond redemption process that involves an auction

This has been addressed in AIP3: MIP.C2-0003: Automated Bond Redemptions - #11 by mycobici Where bond redemption should happen in a pool

@Ace

Allow bond holders to stake their ARTHB just like they would stake ARTH for MAHA

This is a great idea however we want to encourage the system to actually get rid of it’s debt rather than increase it. So an addition would be to only enable the rewards in this pool only if we are in the contraction phase.

@Ace

Right now it’s very easy to game the system.

Yes correct, we need to not only make bond purchasing gradual and linear, but should also figure out ways to punish whales that are looking to dump on bond purchasers.

@Ace

We should create a pool for people to stake and make sure they have yields at a higher rate than those who stake without earning the funds from a bond redemption. They helped the ecosystem by buying a bond and should be reward with a higher rate. Only the ARTH earn through bond redemption would be eligible for this higher rate. This will cause people to intentionally buy bonds just to get a higher yield and limit the downward pressure from selecting the DAI option.

This is a great idea and needs more discussion definitely.