gigaAsset Manager
Last updated
Last updated
The gigaAsset Manager is a smart contract responsible for managing the circulating supply of . It receives commands from the via a , directing liquidity to target protocols. Additionally, it allocates a portion of the liquidity to the (IPA) for deposits into .
The periodically assesses and decides on the rebalancing of liquidity across various protocols. It sends corresponding commands to the gigaAsset Manager, which withdraws from specific protocols and reallocates them to others. The system also ensures that the circulating supply of maintains both per-asset and system-wide LTV (Loan-to-Value) levels within predetermined ranges.
The plays a crucial role in maintaining the peg of . To keep the aligned with its target value, it interacts with the . If the price of adeviates from the target value, the can either mint additional for or withdraw them from the pool.
Main Operations of the gigaAsset Manager:
Mint gigaAssets
Burn gigaAssets
Stake liquidity in target protocols
Unstake liquidity from target protocols
Claim rewards from target protocols
Deposit liquidity into the IPA
Withdraw liquidity from the IPA
The does not make decisions independently; it strictly executes commands from the .