DIGG "Fast Follow" Sett Improvements

[jonto]

Use this space to discuss which Setts we should look to add after launching DIGG as well as any changes to the initial Setts. We can then pick the most popular to put up to a vote.

In general all new changes and Setts should:

1. Support the growth and stability of DIGG (relative to BTC price)
2. Be able to be built largely with existing components of current DIGG setts or from forking other live code
3. Bring value (enhanced yield, reduced IL) to depositors

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CURRENT PROSALS

Peg-Based Rewards
Adjust rewards based on proximity to peg.

BIP 3: DIGG Sett Staking Rewards Improvement

Category: Sett Vault. Scope: Initial liquidity mining program for DIGG, meant to be improved upon as we go. Status: Rejected Objectives: Keep DIGG price close to Bitcoin price. Increase DIGG/WBTC liquidity in a sustainable way. Overview. This proposal’s fundamental idea is to use the initial liquidity mining program to the benefit of DIGG’s value as a product. The more reliable DIGG’s peg to Bitcoin is, the more valuable it is to DIGG holders and DIGG traders. I propose to adjust th…

Rebalancer Sett
Hold DIGG + WBTC, sell DIGG as supply expand, buy as it contracts

DIGG Rebalancer Sett

GOAL A SETT that automates the actions of a rational profit driven holder of $DIGG; providing stability and upside for the holder, fees for badgerDAO, and price support for DIGG. Abstract Rebasing assets are built on the assumption that price can be influenced by adjusting supply. Create more supply and holders will sell some, reduce supply and they are more likely to hold. The more that participants follow this rule the more stable the asset should become. This SETT strategy is meant to mim…

[UnlimitedPower]

Unsure its a either or type of situation but if I had to choose (without understand the technical challenges/costs for implementation and upkeep) I would prioritize the rebalancer sett.