It's great to see ecosystem leaders like @KodiakFi closely following the steps of the Berachain Foundation in product reform.
The ecosystem is slowly recovering, keep it up 💪🏻
Kodiak Island Boyco Post-Update Notes
▍Island Mechanism Documentation Released
The complete technical documentation has been published, covering the following core contents:
• Auto-BGT Mechanism: Enhances returns by directing a portion of LP fees to the BGT reward treasury
• Real-time Security Monitoring: "Crime Prediction" technology support provided by @HypernativeLabs
• Rebalancing System: Detailed explanation of the operational framework for various liquidity pools
→ Details of the Auto-BGT Mechanism
Currently covers almost all BGT whitelisted Kodiak Islands
→ Real-time Monitoring System
All key parameters of the islands are monitored 24/7
→ Detailed Explanation of the Rebalancing Mechanism
• Most rebalancing involves fee reinvestment and requires no permission
• Interval adjustments are executed gradually with low slippage through aggregators
▍Liquidity Strategy Update
1. Stablecoin Pools
• USDC-HONEY/USDT-HONEY pools stop incentives
2. BGT LSTs
• Tightening volatility range based on issuer data feedback
3. Non-BERA Mainstream Pools
• WBTC-HONEY/WETH-HONEY/WBTC-WETH
• Adopts a "wide range strategy" to ensure the token ratio remains balanced within 70/30 for over 95% of the time
• The range will be gradually adjusted based on forward-looking volatility and "average rebalancing cycle"
→ Complete Mathematical Framework
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