Releases: timbotro/kt-vault-runner
Minor Fixes
Minor Fix
1.5.1 - RPC benchmark
v1.5.0 - CLI & Rebalancing
This release includes two major new features: CLI
& Rebalancing workflow
CLI
Rather than being a loose grouping of scripts that you have to manually remember the command, this app now has a single entry point and you are guided with questions. As part of this we have error checking on your inputs and can easily accomodate extra flows as they get added. Furthermore we can add KINT vault support easily by adding another layer of questions on top.
Rebalancing
Brand new feature which uses Karura's Liquidity Pools to farm aUSD - kBTC, whilst being able to seamlessly swap it to/from vault KSM collateral. The intention here is to allow users to passively earn on their kBTC holdings they wish to HODL, whilst protecting against scenarios where KSM
Collateral Scenarios
The below roughly shows the impact of having BTC LP as a buffer to absorb market risk:
Guide:
- 🔽 Going down
- ⏬ Going down a lot
- 🔼 Going up
- ⏫ Going up a lot
- ⏸ Staying static
KSM | BTC | Collateral ratio | With LP Buffer |
---|---|---|---|
🔽 | 🔽 | ⏸ | ⏸ |
🔽 | 🔼 | ⏬ | ⏸ |
🔼 | 🔽 | ⏫ | 🔼 |
🔼 | 🔼 | ⏸ | ⏸ |
🔽 | ⏸ | 🔽 | ⏸ |
🔼 | ⏸ | 🔼 | ⏸ |
⏸ | 🔽 | 🔼 | ⏸ |
⏸ | 🔼 | 🔽 | ⏸ |
⏸ | ⏸ | ⏸ | ⏸ |
The downside of using the LP buffer is that you:
- Increase your exposure to BTC
- Reduce your upside potential to `KSM ⏫ & BTC ⏬ scenarios
To many a BTC bull, these are more than adequate concessions for the safety it brings with running a kintsugi vault. However it is important to note that you are flattening your position
v1.2.0 - Naive Rebalancing
Added new vault runner script, to automate withdrawing LP aUSD-kBTC LP shares on Karura, converting to KSM and then depositing back in your vault as collateral. This may be useful to vault runners who wish to readjust their collateralization ratio by reducing their kBTC exposure.
v1.1.0 - Minor Changes
- Added some dumb waits to give chain balances enough time to propagate after bridging
- Improved logging on harvesting to see quantities being moved around the system
v1.0.0 First Release
Initial Release
Containing scripts for:
✅ Self issuance
✅ Harvesting