Balancer Contracts

What are the Balancer Contracts?

The balancer contracts are aimed at rebalancing the supply within the individual endogenous pools. The rebalancing should be free from slippage or have an insignificant amount of slippage because they can be executed 1:1 with the Core. The balancing should not impact the total pool value.

DUCA BALANCER CONTRACT

The balancer contract handles the DUCA supply via the DCM / DUCA Pool. DUCA is exchanged for DCM with the Core based on the TWAP DCM Market Value and TWAP DUCA Market Value. The DUCA Balancer Contract is instructed via the Stabiliser Contracts and is only used in response to the need to stabilise DUCA and/or the DCM Market Value.

DUS BALANCER CONTRACT

The balancer contract handles the DUS supply via the DUCA / DUS Pool. The weight distribution between DUCA and DUS is determined by the DUCA Exchange Value. The pool will need to be rebalanced when the pool deviates from the target weights.

• Threshold: 10% divergence or more from the original balance triggers a rebalance.

• Rate provider: 0,1% change within the DUCA Exchange Value triggers a calibration

LPD BALANCER CONTRACT

The balancer contract handles the LPD supply via the LPD / DCM Pool. The weight distribution between DCM and LPD in the pool is determined by the lpRATE. The pool will need to be rebalanced when the pool deviates from the target weights.

• Threshold: 10% divergence or more from the original balance triggers a rebalance.

• Rate provider: 0,1% change within the lpRATE triggers a calibration