Reconfiguring SPOT on-chain liquidity

[aalavandhan1894]

@aalavandhan1894

Given that we are anticipating an influx of demand from usdAF, we want to ensure that that’s deep on-chain liquidity so that new entrants can trade with minimal slippage. This should also help integrations with other DeFi protocols and bolster SPOT’s usecase as a collateral asset in DAO treasuries. The charm vault has an annualized yield of roughly 30% since inception (from fees and enrichment). With deeper liquidity and higher volume, I speculate it might naturally have a high terminal yield compared to other stable-stable pairings.

Thanks for the feedback on discord. Triggering 2 snapshot votes for the changes discussed.

1. We will update the charm manager implementation to this new automated strategy which provides concentrated liquidity when price is around the FMV. Snapshot 1

2. As per Gemini’s suggestion, we can ground the fee parameters on AMPL’s rebase curve (and the flash mint/redeem fees). Snapshot 2