June 13, 2022

Ответы на Квиз от swaap

What is Impermanent Loss?
• A loss of money due to divergence between asset prices in the pool

Assume you invest in an ETH/DAI pool. Consider 1 ETH = 1000DAI at the time you invested, how much Impermanent Loss will you get if a new bull market starts and ETH goes to 4000DAI? Check out this impermanent loss calculator! https://dailydefi.org/tools/impermanent-loss-calculator/
• 20% of my position

Who is impacted by Impermanent Loss?
• Impermanent Loss affects directly Liquidity Providers, who are experiencing low or negative yields but also indirectly traders who have to pay higher fees to compensate for the IL of LPs

Which one of those is an advantage of Order Book exchanges?
• Efficient price discovery

Which one of those is an advantage of AMMs over Centralized Order Book exchanges?
• Permissionless

What is the value proposition of Swaap? (select all that apply)
• Reduced Impermanent Loss
• Cheap trading fees
• Multi asset pools

What are the two key modules behind Swaap? (select all that apply)
• Dynamic spread computed based on volatility and balance of the pool’s reserves
• Chainlink oracles to provide the mid price

What is the key advantage of using oracles?
• Oracles strongly reduces arbitrage, which means better returns for LPs

Which protection has Swaap implemented against oracles malfunction? (select all that apply)
• If an oracle is not updated at the required time stamp, trading is interrupted on the platform for the said asset.
• If reserves are imbalanced by more than 2%, trading is paused, which prevents having too much extraction in case of wrong data.

Why does Swaap implement a dynamic spread?
• To ensure that the pool stays market neutral and allow low prices most of the time

Who are the auditors of Swaap’s smart contracts?
• Chainsecurity and Runtime Verification

What is the “Gold Swaapers” community and how to join it?
• It’s a community of the most active members. To join it, you need to actively contribute to the development of Swaap