I/ Successor markets will be introduced in the next deployment of the Vega network, allowing LPs to transfer equity-like shares
21 Aug 2023, 17:03
I/ Successor markets will be introduced in the next deployment of the Vega network, allowing LPs to transfer equity-like shares (ELS) and insurance pool balances from one market to another.
Let's dip into successor markets and the benefits they bring 🧵
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321 Aug 2023, 17:03
VIII/ Market creators will be able to allocate part of the parent's insurance pool to the successor.
This will help improve the stability of the successor market and resistance to major market events.
Read on for more info on protections mechanisms👇
VIII/ Market creators will be able to allocate part of the parent's insurance pool to the successor.
VIII/ Market creators will be able to allocate part of the parent's insurance pool to the successor.
This will help improve the stability of the successor market and resistance to major market events.
Read on for more info on protections mechanisms👇
21 Aug 2023, 17:03
VII/ Successor markets will enable ELS transfer from parent to child markets, ensuring LPs retain benefits across market generations for the risk took early on.
Making sure that MMs/LPs are incentivised to provide liquidity early on Vega is key:
No liquidity = no markets.
VII/ Successor markets will enable ELS transfer from parent to child markets, ensuring LPs retain benefits across market generat
VII/ Successor markets will enable ELS transfer from parent to child markets, ensuring LPs retain benefits across market generations for the risk took early on.
Making sure that MMs/LPs are incentivised to provide liquidity early on Vega is key:
No liquidity = no markets.
21 Aug 2023, 17:03
VI/ The ELS model ensures LPs/Market Makers, who provided liquidity early in new markets, are rewarded for their long-term commitment as the markets grow and mature.
As the protocol continues to grow, they will reap the benefits without losing their hard-earned ELS rewards.
VI/ The ELS model ensures LPs/Market Makers, who provided liquidity early in new markets, are rewarded for their long-term commi
VI/ The ELS model ensures LPs/Market Makers, who provided liquidity early in new markets, are rewarded for their long-term commitment as the markets grow and mature.
As the protocol continues to grow, they will reap the benefits without losing their hard-earned ELS rewards.