Our competition are the other two pools on Uniswap and Sushiswap:
we are currently sitting at ~7M:
The co-investment here would put us at 1.3M BNT since there is already a 1M minting limit on this pool. Given that there is 1.22M in BNT at the moment on this pool, does this mean that this would only open up roughly ~80K in BNT value on the TKN side?
It looks like at its peak this pool held roughly ~40K rook and we are down to ~30K at the moment:
This probably coincides with the LM ending on this pool.
It is good to note that the owner of this pool recently (~28 days ago) raised the fees from .2% to .5% on this pool as well:
Seems like it might have stunted the volume on this pool? We are only coming into the picture when the size of the trades are ~$18K - ~$19K and only getting 20% of ETH-ROOK trades routed to us:
We are at 50% when trade sizes are greater than ~$420K
and don’t get any larger portions send our way. You hit a 10% price impact at > $750K trade sizes and even at those levels we are still at 50%. This makes sense given that the uniswap + sushiswap combined liquidity is ~7M or roughly equal to us. With that said, we should be capturing 50% of trades at the lower levels which we are not at the moment.