@boneexchange Well, theory is: if it's only redeem fee but not mint fee - gonna be p=1.000 in the bull market and p=0.999 (10 bps away) in the bear market
@boneexchange的理论是：如果只是赎回费而不是造币费，那么在牛市时p=1.000，在熊市时p=0.999（10个基点）
@boneexchange Well, theory is: if it's only redeem fee but not mint fee - gonna be p=1.000 in the bull market and p=0.999 (10 bps away) in the bear market
@boneexchange的理论是：如果只是赎回费而不是造币费，那么在牛市时p=1.000，在熊市时p=0.999（10个基点）