Enjoyoors
  • WHITEPAPER
    • Introduction
    • User-abstracted rehypothecation
      • Giga CDP of Enjoyoors
      • Giga CDP design
      • Deep secondary liquidity for gigaAssets
    • Protocol stability
      • Efficient portfolio management
      • Supply regulation for gigaAssets
      • System-wide insurance
    • Risk management framework
      • Market risks
      • Technical risks
      • gigaAsset allocation rules
    • Decentralized system architecture
      • Public chain infrastructure
      • Orchestrator appchain
      • Oracles
      • Interchain communications
    • Key protocol features
      • Epochs
      • Reward auctions
      • Intelligent peg adapters
    • Further considerations
      • Making RWAs work harder
      • Own DeFi ecosystem
      • Our priorities
  • SYSTEM ARCHITECTURE
    • Overview
    • Public Blockchain Infrastructure
      • Vaults
      • gigaAsset Manager
      • Target Protocols
      • Target Protocol Adapters
      • Intelligent Peg Adapters
      • AMM Pools
      • Rewards Treasury
    • AVS Relayer
      • Relayers
    • Enjoyoors Orchestrator AppChain (L3)
      • Enjoyoors Management System
      • Orchestrator AppChain Layers
      • Security Mechanisms
      • Price Oracle
      • Governance
      • gigaCDP
      • Portfolio Management System
      • Auctions
      • Insurance Pool
    • gigaAsset Bridge
    • gigaAssets
    • Epochs
  • PROTOCOL FLOWS
    • Deposit
    • Withdraw
    • Auction
  • RISKS
    • Protocol risks
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  1. SYSTEM ARCHITECTURE
  2. Enjoyoors Orchestrator AppChain (L3)

Portfolio Management System

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Last updated 1 month ago

The Portfolio Management System (Portfolio MS) is a core module responsible for managing the allocation of liquidity across the protocol. By leveraging the actual and target gigaAsset ratios from the gigaCDP, it ensures an up-to-date understanding of the available liquidity. Using this information, Portfolio MS directs liquidity to target protocols selected for their potential to generate rewards, aligning with allocation weights, parameters, and target protocols defined by Governance.

When the actual and target levels of gigaAssets fall outside of predefined acceptable bounds, Portfolio MS initiates a rebalancing process to maintain protocol stability. This process may involve withdrawing liquidity from certain protocols through the gigaAsset Manager and burning excess gigaAssets to reduce the circulating supply. Alternatively, when more liquidity is needed, a request can be sent to the gigaAsset Manager to mint more gigaAssets and allocate them to the selected protocols.

In addition to target protocols, the Portfolio MS allocates a portion of gigaAssets to AMM pools to ensure that sufficient liquidity is available for users.

Portfolio Management System and related components digram