CIP#17 - A Parameter changes for renBTC and hBTC pools

Proposals
#1

Summary:

This CIP would change A (amplification) parameter for two pools. This parameter affects how liquidity behaves around the peg.

Motivation:

For ren Pool: Raising the A value will offer more BTC liquidity in the capture range. The capture range will be decreased from ±1% to ±0.8%. I think that there is a high likelihood that those two pools can stay within a smaller range

Small progressive changes as the ones below can be done without affecting the virtual price negatively.

Specification:

100 to 150 for renBTC pool
100 to 300 for hBTC pool

image
image860×508 33.6 KB

image
image876×504 38.4 KB

Poll:

renBTC vote: https://dao.curve.fi/vote/parameter/4
hBTC vote: https://dao.curve.fi/vote/parameter/5

3 Likes
#2

I confess I don’t understand the proposal. What are the equations that you’re referencing?

#3

Those parameter change proposals are highly technical. You can find some information about the Amplification parameter in there https://www.curve.fi/stableswap-paper.pdf

Few understand (literally).

5 Likes