Update glp_vaults.md

This commit is contained in:
dr. mia von steinkirch, phd 2023-02-08 15:27:05 -08:00 committed by GitHub
parent aec2d54dde
commit 50e8cca25b
No known key found for this signature in database
GPG Key ID: 4AEE18F83AFDEB23

View File

@ -13,9 +13,19 @@
<br>
### pool exposures
<br>
* the first component of a pool are the available assets, which are the vault assets minus reserved assets (assets set aside to cover longs).
* by covering longs, a reserved $BTC that would move with $BTC is used to cover a long position by surrendering all the upside gains to the counterparty (but also taking all collaterals of the counterparty when the price of $BTC goes down).
* conversely, a short against the pool becomes a synthetic long as its credit gains to the pool when the price goes up (but takes money from the pool when the price goes down).
<br>
### resources
<br>
* [rage-gmx vaults](https://mirror.xyz/0x507c7777837B85EDe1e67f5A4554dDD7e58b1F87/KztyQ37Nfq7QT1BWrLz30jfqdtV23TtilJK1cbyXpxk0
* [rage-gmx vaults](https://mirror.xyz/0x507c7777837B85EDe1e67f5A4554dDD7e58b1F87/KztyQ37Nfq7QT1BWrLz30jfqdtV23TtilJK1cbyXpxk0)
* [sentiment.xyz](https://www.sentiment.xyz/)