BitShares Forum

Main => Stakeholder Proposals => Topic started by: bench on June 21, 2020, 12:42:34 pm

Title: OIP1: Asset Feature - MLP2 (Market Liquidity Pool 2)
Post by: bench on June 21, 2020, 12:42:34 pm

Liquidity is a big problem on the BitShares DEX, because there is no way to lend assets for market making.

Bancor and Uniswap got recently a protocol update. More users are using their service for lending and asset swaps.

The Onest Blockchain is a proof of concept for BitShares and BTS holder, to bring new innovations into the space. Which means an OIP can be freely exchanged for a BSIP and vice versa.

Abstract

MLP2 is an asset lending feature, to provide liquidity for asset exchanges at the current price level
Simplified version of the Bancor Protocol without connector weight
Stepless liquidity with no order book for any asset pair
Blockchain as borrower and liquidity provider
ONS as central node and base currency
Market fees are shared to asset lender and blockchain

What is new in MLP2?

One asset deposit/withdraw to/from MLP2
Non-core token liquidity pairs
No orderbook integration

Flow Chart
(https://user-images.githubusercontent.com/40874087/84789992-202caf80-aff1-11ea-9557-5295e184d1c8.png)

Soruces:
https://github.com/Onest-io/OIPS/issues/2
https://bitsharestalk.org/index.php?topic=29651.0
https://github.com/bitshares/bsips/issues/213

Title: Re: OIP1: Asset Feature - MLP2 (Market Liquidity Pool 2)
Post by: binggo on July 30, 2020, 08:29:34 am

Title: Re: OIP1: Asset Feature - MLP2 (Market Liquidity Pool 2)
Post by: bench on August 06, 2020, 09:59:02 pm

Quote from: binggo on August 02, 2020, 04:18:14 pm

至于流动性计划，我想社区bench的流动性提案与现在uniswap基本也有一些相通之处，未必不是一个好方案。

yes, this is similar to Uniswap, but what is wrong with Uniswap?

Title: Re: OIP1: Asset Feature - MLP2 (Market Liquidity Pool 2)
Post by: binggo on August 07, 2020, 03:46:16 am

Quote from: bench on August 06, 2020, 09:59:02 pm

Quote from: binggo on August 02, 2020, 04:18:14 pm
至于流动性计划，我想社区bench的流动性提案与现在uniswap基本也有一些相通之处，未必不是一个好方案。
yes, this is similar to Uniswap, but what is wrong with Uniswap?

Nothing wrong with Uniswap ;D

Title: Re: OIP1: Asset Feature - MLP2 (Market Liquidity Pool 2)
Post by: bench on August 07, 2020, 01:10:14 pm

Quote from: binggo on August 07, 2020, 03:46:16 am

Quote from: bench on August 06, 2020, 09:59:02 pm
Quote from: binggo on August 02, 2020, 04:18:14 pm
至于流动性计划，我想社区bench的流动性提案与现在uniswap基本也有一些相通之处，未必不是一个好方案。
yes, this is similar to Uniswap, but what is wrong with Uniswap?

Nothing wrong with Uniswap ;D

Good, I think it is relative simple and now you have also the option to take a long position, because you need only to stake one asset and not two, like in the old version.

Title: Re: OIP1: Asset Feature - MLP2 (Market Liquidity Pool 2)
Post by: binggo on August 08, 2020, 01:38:40 am

Quote from: bench on August 07, 2020, 01:10:14 pm

Quote from: binggo on August 07, 2020, 03:46:16 am
Quote from: bench on August 06, 2020, 09:59:02 pm
Quote from: binggo on August 02, 2020, 04:18:14 pm
至于流动性计划，我想社区bench的流动性提案与现在uniswap基本也有一些相通之处，未必不是一个好方案。
yes, this is similar to Uniswap, but what is wrong with Uniswap?

Nothing wrong with Uniswap ;D

Good, I think it is relative simple and now you have also the option to take a long position, because you need only to stake one asset and not two, like in the old version.

My option just provides service for the Bitasset, not for the Market Liquidity, like some kind of insurance.