Understanding Factory Pools
Last updated
Last updated
Torah has developed a pool factory, a way for anyone to deploy a Torah Metapool .
This means that anyone can now deploy a pool for their stable or DAO coins and bitcoins in token form with just a few clicks.
Those new pools have very few parameters which need to be set when creating the pool:
Fee (minimum 0.04% and maximum of 1%)
A Parameter (recommended you speak to Torah team member if you're not sure how to choose this, volatile algo coins need an A parameter around 5-10)
There are a few things to know about those pools:
50% of fees regardless of chosen fee will go to the Torah DAO, the other half will go to LPs
(Torah finance charges a small transaction fee, of which 50% goes to Liquidity Providers and 20% to used to repurchase TRH, the other 30% is distributed by a proposal led by the Torah DAO).
Destroying Torah pools once deployed is not possible
Torah is not responsible for any of the assets going in there so you must do your own research when trading in the pool factory. The Torah team and DAO also have no control over the tokens added in the factory which means you must verify the token addresses you trade on there.
The only admin change that can be made by the Torah DAO is ramping the A (amplification) parameter
Tokens with more than 18 decimals are not supported
After deploying a pool, you must seed initial liquidity
Pools that meet the following requirements will be listed on Torah main UI.
At least one audit
Marketcap of at least $3m
Fortnightly volume over $1m
Pool liquidity over $500k in 3TRH
Pools on Factory v2 only