Eric Forgy
@ericforgy
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 👇
1 reply
0 recast
0 reaction
Eric Forgy
@ericforgy
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.
1 reply
0 recast
0 reaction
Eric Forgy
@ericforgy
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.
1 reply
0 recast
0 reaction
Eric Forgy
@ericforgy
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.
1 reply
0 recast
0 reaction
Eric Forgy
@ericforgy
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.
1 reply
0 recast
0 reaction
