Deployment Parameters

This page describes the concrete configuration parameters of the mainnet deployment of the Forex AMM.

Back stop pool

The Backstop Pool token is USDC. The maximum amount of pool tokens is 30,000 USDC.

Swap pools

The Forex AMM comprises the following four Swap Pools.

Swap Pool
Asset
Max Limit (~$15k)

1

USDC

15000

2

DOT

3500

3

EURC.s

13500

4

USDC.axl

15000

Protocol Treasury

The protocol treasury has the address 6bBWiUZpDKcecCbP3kjfYTRNToj8zHKugFxNs6yAP4j1u2ib

Insurance fees

The insurance fee is the fee used for Backstop Redeems.

Asset
Fee

USDC.axl

0.5%

USDC

0.5%

DOT

2%

EUR.s

0.5%

Swap fees

The following table lists the total fees used for swaps.

Asset
Fee

USDC.axl

0.15%

USDC

0.15%

DOT

0.25%

EUR.s

0.15%

Timelock

A Backstop Redeem for a Swap Pool is only possible 14 days after your last deposit into the Swap Pool.

Maximum coverage ratio

Swap Pools deposits cannot raise their coverage ratio above 200%.

Slippage curve

All details about the used slippage curves can be found on the page about Coverage Ratio and Slippage.

Future Roadmap

  • Increasing pool caps

  • Adding support for more swap pool tokens

  • Backstop pool supporting more tokens

  • Integrating Forex AMM into Vortex for quotes

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