Equilibrium Liquidity Provider
Overview

Overview

To provide safer aggregation of liquid stablecoins and more accurate market/LP risk pricing, we adopt two different types of pools:

  1. ElfiToken Pool: Each Market forms a Pool of its baseToken, and the long and short PNL of the transaction will be accumulated into it to calculate the overall income of LPer.

  2. ElfiUSD Pool: A pool that collects stable coins and allocates funds for short positions of all trading pairs. The stablecoin pool does not bear any risk of trading profit or loss and settles the difference with ElfiTokenPool through the rebalance mechanism.