Automatic Floor Boosting
Boost the Floor
Last updated
Boost the Floor
Last updated
Move LP Strategy Wallet Tokens out of circulation into the Storehouse Bin (#51)
Move [maximum 10%] of the ETH LP from the (FULL) bin below the active bin.
-> Place ETH into LP at Floor price (boost floor price via low impact arbitrage)
-> When the Floor is sold into -> ETH LP converts to Token LP (Virtually Buying Low) -> Repeat -> Automatic LP Floor Boosting
From the floor bin, up to 5 bins above floor, burn fees instead go to the LP Strategy Wallet
When the price is 5 + n Bins
above the floor bin
, Virtual Swaps safely boost the floor between Rebalances, burning those tokens after a price rise.
Enabling the Pool to provide single block flash loans, is an entirely risk free way for the pool to earn more fees for itself to grow.
Banker Joe flash loan fees are 0.064%
Ex: $1,000,000
of flash loan volume will net the pool a passive RFV profit of $640
Users execute borrows and loans via Banker Joe ()