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ETHx

[Mint-Redeem Smart contract architecture]
ETHx pricing PETHxP_{ETHx}PETHx​
​
PETHx=QETH∗P0+QstETH∗Poracle+QfrxETH∗Poracle+QrETH∗PoracleQETHxP_{ETHx}= \frac{Q_{ETH}*P_0 + Q_{stETH}*P_{oracle}+Q_{frxETH}*P_{oracle} + Q_{rETH}*P_{oracle}}{Q_{ETHx}}PETHx​=QETHx​QETH​∗P0​+QstETH​∗Poracle​+QfrxETH​∗Poracle​+QrETH​∗Poracle​​
Where P0=1P_0=1P0​=1
, and PoracleP_{oracle}Poracle​
 means pricing from LST pricing pool using external oracle.
Where deposit means the ETH you deposits, and QpoolQ_{pool}Qpool​
 is sum of ETH, rETH, frxETH, stETH.
Mint Slippage SmintS_{mint}Smint​
​
Smint=QETHx∗PETHx−Qpool∗PpoolQpool∗PpoolS_{mint}= \frac{Q_{ETHx}*P_{ETHx}-Q_{pool}*P_{pool} }{Q_{pool}*P_{pool}}Smint​=Qpool​∗Ppool​QETHx​∗PETHx​−Qpool​∗Ppool​​
Redeem Slippage SredeemS_{redeem}Sredeem​
​
Sredeem=QETHx∗PETHx−Qpool∗PpoolQpool∗PpoolS_{redeem}= \frac{Q_{ETHx}*P_{ETHx}-Q_{pool}*P_{pool} }{Q_{pool}*P_{pool}}Sredeem​=Qpool​∗Ppool​QETHx​∗PETHx​−Qpool​∗Ppool​​
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Last modified 4mo ago