gigaAsset allocation rules

Another important aspect of capital and risk management involves establishing rules for gigaAsset deployment, which define target weights for gigaAsset allocations across specific types of DeFi protocols. Adhering to the risk framework, these weights prioritize exposure to more established, lower-risk protocols while minimizing potential risks associated with less familiar or higher-risk ones. The general categories of protocols Enjoyoors works with are shown below:

Protocol Type	Description
Restaking Protocols	gigaAssets will be restaked and earn yield securing different blockchains and decentralized services.
Lending protocols	Single-sided liquidity protocols from which users can borrow gigaAssets. The more interesting use-case is when gigaAssets are used as collateral because they allow for additional exposure for the Enjoyoors protocol due to leverage. (e.g. the protocol could borrow DAI at 3% APY on AAVE against ETH gigaAsset and stake it for 5% APY)
Curve AMMs	The AMM will serve as a primary source of external gigaAsset liquidity. It will earn fees for its Liquidity providers and the Enjoyoors protocol while working with Intelligent Peg Adapters (IPAs) to control the peg of gigaAssets.
Liquidity Seekers	These are emerging DApps and protocols that strive to build up their TVL and are willing to reward liquidity in their tokens for this.

The initial distribution of weights is intentionally conservative. These numbers are subject to change based on risk assessment and governance decisions in the future.

Protocol Type	Target Weight	Description	Rebalance threshold
Restaking	80%	Most of the liquidity will be funneled to shared security protocols, which offer low yield but on much safer terms than all others. Usually they have unstaking periods of no longer than Enjoyoors epoch of 7 days.	+/-5%
Lending	5%	Small fraction to allow for secondary lending markets. Allocation may be increased when gigaAssets will be accepted as collateral.	+/-1%
AMM + IPA	10%	Both AMM and IPA will hold 5% each pegkeeper can increase or decrease AMM supply to control the peg.	+/-2%
New protocols	5%	Initially a low allocation to new protocols, liquidity provision for airdrop farming, possibly with liquidity locks.	+/-1%

Current distribution weights will be most frequently affected by the increase in synthetic supply (due to liquidity entering the protocol) or the decrease in synthetic supply (due to de-risking or liquidity exiting the protocol).