Hello. I’m trying to create a new pool of two stable coins (DAI and USDT) using the incognito-cli, and I was just wondering, what would be the recommended amplifier value for this case?
Good amplifier value for stable coins pool?
Ive passed your question on to the devs.
Just curiosity. Why do you need another DAI-USDT pool? There are two DAI-USDT pools. At least one of them is probably created from the team. So they will probably recommend a similar value. In that case, is there any meaning to add a new pool with a similar/same amplifier instead of adding liquidity into the old one?
Btw, to me, a general amplifier recommendation would be difficult since a good amplifier value requires knowing the liquidity amount. For example, assume that you will provide 100k USD. In that case, let the amplifer be x. If you provide 10k, a good amplifier would be about 10x.
There is only one, besides the one I have created, and it is based on Ethereum coins. I want to create one that uses Unified. I can’t add liquidity to Ethereum, because I have converted them to Unified.
Strange. I see two USDT (Unified) - DAI (Unified) pools. Here are their current (real) liquidities:
USDT-DAI: 30250.884076023 - 16858.392777907 (Approved)
USDT-DAI: 74.576486514 - 74.31671988 (Unapproved)
I think the second is yours. Btw, since it is unapproved, it cannot be used through the mobile app. FYI
Oh, you’re right. Why is it not equal?
Amplifier -> Virtual liquidity
In sum, buy amount is calculated through the amplified formula of the constant product.
I thought it acted equally in both sides of the pool.