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Introducing ARM: Your Autonomous Smart DeFi Partner
This paper investigates the Autonomous Rate Manager (ARM), a system built on the Internet Computer Protocol (ICP) designed to automate Liquity V2 loan rate management.
Liquity V2 is a decentralized protocol running on the Ethereum mainnet that allows users to borrow its stablecoin BOLD against collateral assets (including ETH, wstETH, and rETH). A key innovation of the protocol is allowing borrowers to set and adjust interest rates themselves.
The problem is that borrowers with interest rates below other borrowers face higher redemption risks. Simply put, this mechanism allows any BOLD holder to redeem it through the protocol for a combination of ETH worth $1 and liquid staking tokens (minus fees), and the system will deduct this amount from the collateral of borrowers who set the minimum interest rate.
Liquity V2 is a decentralized protocol running on the Ethereum mainnet that allows users to borrow its stablecoin BOLD against collateral assets (including ETH, wstETH, and rETH). A key innovation of the protocol is allowing borrowers to set and adjust interest rates themselves.
The problem is that borrowers with interest rates below other borrowers face higher redemption risks. Simply put, this mechanism allows any BOLD holder to redeem it through the protocol for a combination of ETH worth $1 and liquid staking tokens (minus fees), and the system will deduct this amount from the collateral of borrowers who set the minimum interest rate.
Offchain Labs intends to acquire $ARB tokens for its treasury reserves
#OffchainLabs plans to acquire $ARB tokens gradually through a strategic purchase plan. The acquisition will be carried out gradually through a phased approach, guided by pre-established parameters set by the firm. Offchain Labs’ decision to expand its $ARB holdings aligns with its ongoing efforts to foster ecosystem growth, including technical innovations like #Arbitrum #BoLD , #Orbit , and #Stylus, along with other strategic initiatives led by the #ArbitrumDAO.
👉 theblock.co/post/345602/offchain-labs-arbitrum-token
#OffchainLabs plans to acquire $ARB tokens gradually through a strategic purchase plan. The acquisition will be carried out gradually through a phased approach, guided by pre-established parameters set by the firm. Offchain Labs’ decision to expand its $ARB holdings aligns with its ongoing efforts to foster ecosystem growth, including technical innovations like #Arbitrum #BoLD , #Orbit , and #Stylus, along with other strategic initiatives led by the #ArbitrumDAO.
👉 theblock.co/post/345602/offchain-labs-arbitrum-token
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