SIP-2006: Direct Integration - Lyra
| Author | |
|---|---|
| Status | Implemented |
| Type | Governance |
| Network | Optimism |
| Implementor | TBD |
| Release | TBD |
| Proposal | Loading status... |
| Created | 2022-01-17 |
Simple Summary
This SIP proposes adding exchange done by the Lyra protocol to the Direct Integration Manager, which lowers the exchange fee to 10 bp (on sETH and sBTC) and disables dynamic fees.
Abstract
As outlined in SIP-267, every new Direct Integration needs to be specified in a sip along with the parameters proposed for that integration. Therefore this sip proposes to allow the lyra contract to trade at the overridden parameters with lower fees and without any dynamic fees imposed.
Specification
The following parameters would be specified on the lyra exchange contract 0xbfa31380ED380cEb325153eA08f296A45A489108:
{'currencyKey': 'sUSD',
'exchangeFeeRate': 0,
'exchangeDynamicFeeRounds':1,
'exchangeMaxDynamicFee':10%}
{'currencyKey': 'sETH',
'exchangeFeeRate': 10 bp,
'exchangeDynamicFeeRounds':1,
'exchangeMaxDynamicFee':10%}
{'currencyKey': 'sBTC',
'exchangeFeeRate': 10 bp,
'exchangeDynamicFeeRounds':1,
'exchangeMaxDynamicFee':10%}
Copyright
Copyright and related rights waived via CC0.