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ETH/3Crv-focused Curve supply metrics #359

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micahalcorn opened this issue Jul 3, 2023 · 0 comments
Open

ETH/3Crv-focused Curve supply metrics #359

micahalcorn opened this issue Jul 3, 2023 · 0 comments
Labels
analytics Work related to analytics enhancement New feature or request frontend Works related to frontend OETH OETH related things OUSD OUSD releated things P2 Small number of users are affected, major cosmetic issue ui/ux Workd that requires design and product overview

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@micahalcorn
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micahalcorn commented Jul 3, 2023

Because OETH and OUSD are able to regulate their respective Curve token supplies via AMOs, it doesn't do us much good to track them as a success metric. As long as the peg for each token is properly maintained, the supply should always be approximately the same as ETH or 3Crv. The AMOs also mean that we should never have to worry about having sufficient liquidity for users to be able to purchase the tokens. What matters is how deep the liquidity is for the other side of the pair. Users want to know that if they acquire OETH, they can swap it in Curve for ETH without much price impact.

After all that typing, I realize we've already made this change for OETH in the analytics report email but not for OUSD. We should also update the label to make it clearer.

Current

Screenshot 2023-07-03 at 2 49 10 PM Screenshot 2023-07-03 at 2 46 02 PM

Preferred (example)

w/e 25 Jun w/e 02 Jul
Curve ETH liquidity 7,322 9,226
Curve DAI+USDC+USDT liquidity 644,779 822,519
@micahalcorn micahalcorn added enhancement New feature or request P2 Small number of users are affected, major cosmetic issue analytics Work related to analytics ui/ux Workd that requires design and product overview frontend Works related to frontend OETH OETH related things OUSD OUSD releated things labels Jul 3, 2023
@micahalcorn micahalcorn moved this from Backlog to To-do in Origin DeFi (OUSD + OETH) Jul 3, 2023
@micahalcorn micahalcorn changed the title ETH-focused Curve supply metrics ETH/3Crv-focused Curve supply metrics Jul 3, 2023
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Labels
analytics Work related to analytics enhancement New feature or request frontend Works related to frontend OETH OETH related things OUSD OUSD releated things P2 Small number of users are affected, major cosmetic issue ui/ux Workd that requires design and product overview
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