Protocol Owned Liquidity
Cog Pairs accumulate protocol owned liquidity during sudden increases in interest rate. If the pool interet rate increases 5% in 3 days, the protocol fee will rise 100% for 3 days, to allow more LPs to provide liquidity and tame interests rates. This is done to prevent PID interest rate attacks, as if a lender tries to intentionally inflate interest rates, the protocol will reap the inflated rewards, not the attack, giving time for mercenary liquidity to come in and further dilute the attacker.
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