In roughly 2-24 hours, the below adjustments will be made to the monetary policies:. - DEX Liquidity Protection: Change to 0.
15 Oct 2022, 10:17
In roughly 2-24 hours, the below adjustments will be made to the monetary policies:
- DEX Liquidity Protection: Change to 0.2%
- Liquidity Provider Distribution: 0.75%
Interest rates will get a corresponding reduction as well, check the UI for details.
These policy settings will stay in place until the next software proposal is live with the ability to set dynamic min swap fees.
We will be expanding on the dynamic min swap fee addition, but a brief overview of it is below.
A 'Dynamic Min Swap Fee' will create an environment that will benefit liquidity providers. With a dynamic minimum swap fee, it will take profit that is being currently being gained via arbitragers, and retain it in the pool for liquidity providers. For example, when a swap happens from ROWAN to ATOM, ROWAN goes into the pool and ATOM comes out of the pool, net any swap fees that remain in the pool. With the dynamic minimum swap fee, more of ATOM (in this case) will be retained in the pool for liquidity providers during times when swappers are willing to pay high swap fees to execute their swap. The dynamic minimum swap fee is set and adjusted in real time based on the demand by swappers to pay that minimum fee.
A more formal write-up explanation will be provided with about this fee. We believe that this fee will
a) bring more value to liquidity providers (see a post here that covers estimated numbers under example conditions which equates to an additional 150% APR to pools as non-inflationary compensation),
b) help close the arbitrage gap of ROWAN between Sifchain and other exchanges.
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3SifChainerowan #2160
15 Oct 2022, 19:18
Hi all,
Thanks for the flag on the reminder of the acceptable ranges that distribution and protection can be set between.
In ~6 hours the below parameters will be set:
- DEX liquidity protection: 1%
- Liquidity provider distribution: 3.75%
Hi all,. Thanks for the flag on the reminder of the acceptable ranges that distribution and protection can be set between.
Hi all,
Thanks for the flag on the reminder of the acceptable ranges that distribution and protection can be set between.
In ~6 hours the below parameters will be set:
- DEX liquidity protection: 1%
- Liquidity provider distribution: 3.75%
SifChainerowan #2160
15 Oct 2022, 19:18
Hi all,
Thanks for the flag on the reminder of the acceptable ranges that distribution and protection can be set between.
In ~6 hours the below parameters will be set:
- DEX liquidity protection: 1%
- Liquidity provider distribution: 3.75%
Hi all,. Thanks for the flag on the reminder of the acceptable ranges that distribution and protection can be set between.
Hi all,
Thanks for the flag on the reminder of the acceptable ranges that distribution and protection can be set between.
In ~6 hours the below parameters will be set:
- DEX liquidity protection: 1%
- Liquidity provider distribution: 3.75%
SifChainerowan #2160
15 Oct 2022, 10:17
In roughly 2-24 hours, the below adjustments will be made to the monetary policies:
- DEX Liquidity Protection: Change to 0.2%
- Liquidity Provider Distribution: 0.75%
Interest rates will get a corresponding reduction as well, check the UI for details.
These policy settings will stay in place until the next software proposal is live with the ability to set dynamic min swap fees.
We will be expanding on the dynamic min swap fee addition, but a brief overview of it is below.
A 'Dynamic Min Swap Fee' will create an environment that will benefit liquidity providers. With a dynamic minimum swap fee, it will take profit that is being currently being gained via arbitragers, and retain it in the pool for liquidity providers. For example, when a swap happens from ROWAN to ATOM, ROWAN goes into the pool and ATOM comes out of the pool, net any swap fees that remain in the pool. With the dynamic minimum swap fee, more of ATOM (in this case) will be retained in the pool for liquidity providers during times when swappers are willing to pay high swap fees to execute their swap. The dynamic minimum swap fee is set and adjusted in real time based on the demand by swappers to pay that minimum fee.
A more formal write-up explanation will be provided with about this fee. We believe that this fee will
a) bring more value to liquidity providers (see a post here that covers estimated numbers under example conditions which equates to an additional 150% APR to pools as non-inflationary compensation),
b) help close the arbitrage gap of ROWAN between Sifchain and other exchanges.
In roughly 2-24 hours, the below adjustments will be made to the monetary policies:. - DEX Liquidity Protection: Change to 0.
In roughly 2-24 hours, the below adjustments will be made to the monetary policies:
- DEX Liquidity Protection: Change to 0.2%
- Liquidity Provider Distribution: 0.75%
Interest rates will get a corresponding reduction as well, check the UI for details.
These policy settings will stay in place until the next software proposal is live with the ability to set dynamic min swap fees.
We will be expanding on the dynamic min swap fee addition, but a brief overview of it is below.
A 'Dynamic Min Swap Fee' will create an environment that will benefit liquidity providers. With a dynamic minimum swap fee, it will take profit that is being currently being gained via arbitragers, and retain it in the pool for liquidity providers. For example, when a swap happens from ROWAN to ATOM, ROWAN goes into the pool and ATOM comes out of the pool, net any swap fees that remain in the pool. With the dynamic minimum swap fee, more of ATOM (in this case) will be retained in the pool for liquidity providers during times when swappers are willing to pay high swap fees to execute their swap. The dynamic minimum swap fee is set and adjusted in real time based on the demand by swappers to pay that minimum fee.
A more formal write-up explanation will be provided with about this fee. We believe that this fee will
a) bring more value to liquidity providers (see a post here that covers estimated numbers under example conditions which equates to an additional 150% APR to pools as non-inflationary compensation),
b) help close the arbitrage gap of ROWAN between Sifchain and other exchanges.