📋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.