Meta Liquidity
Meta Liquidity is simulated liquidity that is generated to allow users to trade tAssets with negligible price impact. As a deployer, Twindex generates simulated tAssets(Meta tAssets) and simulated KUSD(Meta KUSD) with the function of deployer address "Meta Function." After Meta tAssets and Meta KUSD are generated, they are pooled as tAssets-KUSD LPs to increase liquidity.
The infographic shows how Meta LPs works and involves users.
To assure all stakeholders that Meta LPs will not be used for any wrong purposes, Meta LP tokens will be sent to Burn address immediately after Meta KUSD and Meta tAssets are pooled. Consequently, Meta LPs cannot be removed in perpetuity.
Last modified 1yr ago