From 6e80d29d07ce5ef2280b7e5eb91a7d8b29954650 Mon Sep 17 00:00:00 2001 From: zkhound Date: Sat, 29 Jun 2024 22:29:02 -0400 Subject: [PATCH] fix --- _posts/2024-03-04-strategic-lp.md | 38 ------------------------------- 1 file changed, 38 deletions(-) delete mode 100644 _posts/2024-03-04-strategic-lp.md diff --git a/_posts/2024-03-04-strategic-lp.md b/_posts/2024-03-04-strategic-lp.md deleted file mode 100644 index 1a6a93a..0000000 --- a/_posts/2024-03-04-strategic-lp.md +++ /dev/null @@ -1,38 +0,0 @@ ---- -title: Strategic LP in UniV3 -description: Strategic Liquidity Provision in Uniswap V3 -author: 1e-18 -date: 2024-06-25 11:33:00 +0800 -categories: [concentrated liquidity, strategy] -tags: [clmm, amm, lp] -pin: true -math: true -mermaid: true -image: - # path: https://www.researchgate.net/publication/353863135/figure/fig1/AS:1056191211909120@1628827016954/Illustration-for-the-reserve-curve-for-Uniswap-v2-v3-When-the-liquidity-is.ppm - path: https://media1.giphy.com/media/v1.Y2lkPTc5MGI3NjExbms5eHF0NGVxaGcxNXJvd2lqMHFtcG5xeGpiMmFvYXdwbWg5bnBldiZlcD12MV9pbnRlcm5hbF9naWZfYnlfaWQmY3Q9Zw/xTiTnmai9G1E4mcAms/giphy.webp - lqip: data:image/webp;base64,UklGRpoAAABXRUJQVlA4WAoAAAAQAAAADwAABwAAQUxQSDIAAAARL0AmbZurmr57yyIiqE8oiG0bejIYEQTgqiDA9vqnsUSI6H+oAERp2HZ65qP/VIAWAFZQOCBCAAAA8AEAnQEqEAAIAAVAfCWkAALp8sF8rgRgAP7o9FDvMCkMde9PK7euH5M1m6VWoDXf2FkP3BqV0ZYbO6NA/VFIAAAA - alt: https://www.researchgate.net/figure/Illustration-for-the-reserve-curve-for-Uniswap-v2-v3-When-the-liquidity-is_fig1_353863135 ---- - - -Review notes on “Strategic Liquidity Provision in Uniswap V3” [2023] - -[Strategic Liquidity Provision in Uniswap v3](https://arxiv.org/pdf/2106.12033v4) - -> “We formalize the dynamic liquidity provision problem, and focus on a general class of strategies for which we provide a neural network-based optimization framework for maximizing LP earnings. We model a single LP that faces an exogenous sequence of price changes that arise from arbitrage and non-arbitrage trades in the decentralized exchange.” -* Fan et al (2023)* -> - -# Introduction - -## The contributions of this paper are as follows: - -- Reset-LP strategies - - Uniform - - Proportional - - Optimal -- Expected utility of a reset-LP strategy -- Optimal reset-LP strategy based on price change statistics from historical price data -- Demonstrating that proportional allocations are optimal for risk-seeking providers and uniform allocations are optimal for risk-averse providers -- Back-testing an optimal reset-LP strategy to demonstrate that under suitable conditions, a strategic provider will earn 200x more return vs v2 strategy \ No newline at end of file