BOB
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    • πŸ§‘β€πŸ€β€πŸ§‘Governance
      • BOB DAO
      • Protocol Governance
        • GP 0: Increase SAFE membership
        • GP 1: Bob Swap beta testing infrastructure
        • GP 2: Upgrade Contracts to v1.0.0
        • GP 3: Enable Bob Swap for Public Use
        • GP 4: Increase Multisig & Upgrade BOB contract on all networks
        • GP 5: Enable Bob Swap on Ethereum Mainnet
        • GP 6: Upgrade zkBob to support direct deposits
        • GP 7: Increase Multi-chain Inventory and Update Bob Swap
        • GP 8: Extend pool limits for KYC'd users
        • GP 9: Deactivate Kyberswap inventory pairs [Emergency Measure]
        • GP 10: Reallocate previous Kyberswap inventory
        • GP 11: Add 24 hour timelock to BOB contract on Optimism
        • GP 12: Raise Polygon limits
        • GP 13: Launch BOB CDP
        • GP 14: Migrate BOB pool to USDC on Polygon
        • GP 15: KYB tiers on Optimism
        • GP 16: Remove excess inventory on Arbitrum and BNB Smart Chain
        • GP 17: Remove excess inventory on Optimism and Ethereum
        • GP 18: Remove excess inventory on Polygon
        • GP 19: Accrued Revenue Allocation
        • GP 20: Migrate BOB pool to USDC on Optimism
        • GP 21: BOB inventory reduction
    • πŸ“‹Inventory
      • Inventory Actions
  • BOB Resources
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  1. BOB DAO

Inventory

PreviousGP 21: BOB inventory reductionNextInventory Actions

Last updated 1 year ago

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 . 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 .

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.

πŸ“‹
AMM concentrated liquidity algorithm
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