Inventory

To facilitate inventory, BOB liquidity is deployed on DEXs including Uniswap v3 & Kyberswap and paired with a stable asset such as USDC or BUSD.  
Inventory positions are tuned to a very narrow range and maintained through the AMM concentrated liquidity algorithm. This keeps BOB stable, and is known as an inventory LP position.
BOB can be purchased from inventory at ~1:1 for USD stable assets. Any BOB in circulation has been purchased through an inventory LP position, meaning it is backed 100% by stable user collateral at the time of purchase.
Inventory and collateralized supply are tracked here.
Users may choose to create their own non-inventory LP positions using purchased BOB + another tokens of their choice (for example BOB/WETH, BOB/WMATIC, BOB/OP, BOB/USDT etc). 
Additional decentralization measures including broader community-driven governance and timelocks are in development to maintain and balance optimal BOB inventory based on usage and demand.
Inventory increases and decreases are detailed on the Inventory Actions page.
GP 21: BOB inventory reduction
Inventory Actions
Last modified 2mo ago