Risk Parameters
The Bank - Global Params
| Param Name | Value | Description |
|---|---|---|
Insurance Fund Fee Share | 50% | % of protocol revenue that goes to insurance fund, the remainder goes to stakers. |
Revision | 1 | if a chain winds back blocks it should increment revision that is the reason for this blocks timeout for IBC transfer & seconds timeout for IBC transfer |
Slippage Tolerance | 1% | This is for swapping protocol revenue before sending into Injera Foundation's treasury. |
Close Factor | 50% | Max % of debt that's liquidatable |
ERA/INJ pool
| Param Name | Value | Description |
|---|---|---|
Swap Fee | 0.2% | The swap fee is the cut of all swaps that goes to the Liquidity Providers (LPs) for a pool. Suppose a pool has a swap fee s. Then if a user wants to swap T tokens in the pool, sT tokens go to the LP's, and then (1 - s)T tokens are swapped according to the AMM swap function. |
Exit Fee | 0% | The exit fee is a fee that is applied to LP's that want to remove their liquidity from the pool. Suppose a pool has an exit fee e. If they currently have S LP shares, then when they remove their liquidity they get tokens worth (1 - e)S shares back. The remaining eS shares are then burned, and the tokens corresponding to these shares are kept as liquidity. |
Weights | 50/50 | This defines the weights of the pool - https://balancer.fi/whitepaper.pdf |
Smooth Weight Change Params | NA | This allows pool governance to smoothly change the weights of the assets it holds in the pool. So it can slowly move from a 2:1 ratio, to a 1:1 ratio. Currently, smooth weight changes are implemented as a linear change in weight ratios over a given duration of time. So weights changed from 4:1 to 2:2 over 2 days, then at day 1 of the change, the weights would be 3:1.5, and at day 2 its 2:2, and will remain at these weight ratios. |
Pool Creation Fee | TBD |
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