Liquidity
Last updated
Last updated
For first several epochs team will control pool creation, this is to ensure stability at initial stage as well to prevent any malicious acts.
Initial vAMM - SNEK/wAVAX and SNEK/USDC pools will have 2% swap fee for POL build-up
SoliSnek will support two types of pools at launch:
Stable pools are designed for assets that are correlated and have no or have low volatility That would include pools like USDC/DAI, AVAX/vAVAX, WBTC/BTC.B
They are using Solidly derived formula :
Stable pools will have dynamic fee of up to 0.05% max
Volatile pools are industry standard UNISWAP V2 pools that are designed for volatile assets and are using constant product curve.
They are using formula
Volatile pools will have dynamic fee of up to 5% max