What is TC's plan to onboard the next $1bn in TVL. Savers + PoL (small tweak needed). Let's dig in.

15 Jan 2024, 10:45
What is TC's plan to onboard the next $1bn in TVL? Savers + PoL (small tweak needed). Let's dig in 🧵

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THORChain
THORChainRUNE #56
Twitter
15 Jan 2024, 10:45
A recent change now also make PoL much more sticky - it will hang around in the pool for much longer, which means it has much more time to make money. PoL is not sensitive to short-term IL. It will hang around for years making enough yield to offset long-term IL.
A recent change now also make PoL much more sticky - it will hang around in the pool for much longer, which means it has much mo
A recent change now also make PoL much more sticky - it will hang around in the pool for much longer, which means it has much more time to make money. PoL is not sensitive to short-term IL. It will hang around for years making enough yield to offset long-term IL.
THORChain
THORChainRUNE #56
Twitter
15 Jan 2024, 10:45
So in summary. PoL will soon much more aggressively enter pools, and will be the largest dual-LP (apart from the pool creator). Savers is the product for users and is much more suitable for mass adoption. Onwards to 1 billy. $RUNE
So in summary. PoL will soon much more aggressively enter pools, and will be the largest dual-LP (apart from the pool creator).
So in summary. PoL will soon much more aggressively enter pools, and will be the largest dual-LP (apart from the pool creator). Savers is the product for users and is much more suitable for mass adoption. Onwards to 1 billy. $RUNE
THORChain
THORChainRUNE #56
Twitter
15 Jan 2024, 10:45
PoL is soon set to enter 1:1 when Savers enter. This means, $100m of Savers entering will cause $100m of PoL to enter (as Dual-LP), doubling TVL rates. This will remove price reflexivity around Saver enter-exits, and will rapidly push TVL up to caps.
PoL is soon set to enter 1:1 when Savers enter.
PoL is soon set to enter 1:1 when Savers enter. This means, $100m of Savers entering will cause $100m of PoL to enter (as Dual-LP), doubling TVL rates. This will remove price reflexivity around Saver enter-exits, and will rapidly push TVL up to caps.
THORChain
THORChainRUNE #56
Twitter
15 Jan 2024, 10:45
In future, only the first person to create and list a pool will be dual-LP. PoL will take up the responsibility of dual-LP after that. Instead, users should only provide liquidity via Savers, where there is no IL, no RUNE exposure and no leverage.
In future, only the first person to create and list a pool will be dual-LP.
In future, only the first person to create and list a pool will be dual-LP. PoL will take up the responsibility of dual-LP after that. Instead, users should only provide liquidity via Savers, where there is no IL, no RUNE exposure and no leverage.
THORChain
THORChainRUNE #56
Twitter
15 Jan 2024, 10:45
However, as it is currently implemented, Savers don't cause PoL to enter on the way up (as Savers enter positions), instead PoL only enters when leverage is going up (as a function of IL). But an upcoming change will fix this.
However, as it is currently implemented, Savers don't cause PoL to enter on the way up (as Savers enter positions), instead PoL
However, as it is currently implemented, Savers don't cause PoL to enter on the way up (as Savers enter positions), instead PoL only enters when leverage is going up (as a function of IL). But an upcoming change will fix this.