Solana - Liquidity on Openbook and Jupiter

Proposals
6

Hey thanks for the proposal!

After syncing with Ivan, we had a couple comments/questions here:

  1. Trust assumption on the loan of stSOL and SOL:
  • Even though it is not a huge amount, there should still be some mechanism to get back the (st)SOL tokens lent if the MMing engagement were terminated in the future. What would assure this, trust-wise? What guarantees would be put in place?
  1. Performance and metrics:
  • Could we reach some MM performance metrics for this proposal? Possibilities:
    2.1. Average SOL-denominated volume before and after this engagement were to be started (SOL-denominated because USD-denominated would have too much influence from SOL’s price moving) + because in order book based exchanges, volume is a good metric for liquidity;
    2.2. Book depth at ±1%;
    2.3. Ideally there should be some commitment in increasing points 2.1. and 2.2. by some % number post engagement starting.

Thanks in advance for any clarity you can provide here :slight_smile: