I gave a CavalRe update on our Discord this morning.

Server Invite:
https://discord.gg/VA6MhZ8cVb

Once on the server, here is the update:
https://discord.com/channels/889706596622532638/1189704007615254670/1247619155763527731

Would love questions / comments / feedback 🤠

TL;DR 👇

Founder @TheCavalRe | Decentralized Capital Markets

https://caval.re/blog/reinventing-myself

In a nutshell, each multi-asset pool (essentially a decentralized portfolio or ETF) has a set of target weights for each asset. We can tune the price impact on swaps depending on whether the asset is underweight or overweight.

If the asset is underweight, a user can deposit that asset with little to no price impact until the asset weight matches the target weight. If the asset is overweight, additional deposits that would increase its weight further from the target will be penalized with higher price impact.

Conversely, if an asset is underweight, there will be little to no price impact on withdrawals until the asset weight matches the target weight. If the asset is underweight, additional withdrawals will be penalized with higher price impact.

There are several benefits to having target weights. Check out the Discord to learn more 🤠

The new Stable Multiswap is coming together. It is taking some time to explore the new infinite design space though, but I'm narrowing on a design that I'm happy with.