Git-Mirrors/mev-toolkit
1
0
Fork 0
mirror of https://github.com/autistic-symposium/mev-toolkit.git synced 2025-04-28 03:36:10 -04:00
Code Issues Packages Projects Releases Wiki Activity

Create glp_vaults.md

Browse Source
This commit is contained in:
dr. mia von steinkirch, phd 2023-02-08 13:29:30 -08:00 committed by GitHub
parent fef520c943
commit 00a56fa7ff
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23
1 changed files with 18 additions and 0 deletions
Show Stats Download Patch File Download Diff File Expand all files Collapse all files

18
MEV_by_chains/MEV_on_Arbitrum/gmx/glp_vaults.md Normal file
View File

@ -0,0 +1,18 @@
## glp vaults
<br>
### tl; dr
<br>
* vaults are suites of trustless defi strategies to generate delta-minimized returns on $GLP assets (gmx's lp token, which receives 70% of gmx's fee revenue).
* vaults can provide liquidity on gmx to collect yield from $GLP. they are also the counterparty to margin traders (benefiting from trader losses).
* vault should be backtested against months of real-world market data (including edge cases), usually with a baseline such as a standalone usdc vault
* hedges are algorithmically rebalanced at regular intervals. hedging on gmx incurs fees for minting and burning of $GLP, opening and closing positions, and funding for open interest.
<br>
### resources
<br>