Proposal to Adjust GHO Pool Parameters


title: Proposal to Adjust GHO Pool Parameters
author: @TokenLogic @LlamaRisk
created: 2025-02-26


Summary

This publication proposes adjust two parameters on each of the following Stable-NG pools:

  • GHO/crvUSD
  • GHO/USDe
  • GHO/USR
  • GHO/fxUSD

The parameters detailed within have been prepared in collaboration with Llama Risk.

Motivation

Upon reviewing the historic performance of several stable-ng GHO liquidity pools with Llama Risk, our analysis indicates several parameter can be updated to improve the capital efficiency of the liquidity for the current markt conditions.

The below provides a subset of the analyis performed.

GHO/fxUSD

GHO/USR

GHO/USDe

Specification

The following parameters are to be adjusted to reflect the below:

Trading Pair Pool ID Fee Amp Off-Peg Multiplier
GHO/USR 338 0.005% 1,000 8
GHO/USDe 105 0.005% 1,000 8
GHO/crvUSD 117 0.005% 2,000 8
GHO/fxUSD 111 0.005% 2,000 8

The ramp up is to be configured to 7 day duration.

Disclosure

TokenLogic does not receive any payment for this proposal.

Copyright

Copyright and related rights waived via CC0.