Liquidity Pool Deposit Operation Min/Max Price?
Liquidity Pool Deposit Operation Min/Max Price?
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AndyPrince · External communityPost link
External question — Stellar Stack Exchange
Author: AndyPrince
Original post: https://stellar.stackexchange.com/questions/5841
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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Does anyone know what the Min/Max Price parameters on the Liquidity Pool Deposit operation do at a conceptual level?
https://developers.stellar.org/docs/start/list-of-operations/#liquidity-pool-deposit
https://github.com/stellar/stellar-core/commit/0cb6260a18050edaa95a4fd2b1dd8de814c0c168
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jmar42 · External communityPost link
External answer — Stellar Stack Exchange
Author: jmar42
Original post: https://stellar.stackexchange.com/a/5908
License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/
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The min/max price will but the current market price of the non-native (XLM) asset. Example, USDC vs. XLM would be roughly right now 2.91 min 2.93 max if using "Number". I'm sure they do this for market slippage error so that if the markets are moving fast there is some wiggle room to get you into the AMM vs. exact ratios and the transaction failing.
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Quoted from Forex.com.bd-Editorial External answer — Stellar Stack Exchange Author: jmar42 Source score (net votes, not local likes): 0 Original post: https://stellar.stackexchange.com/a/5908 License: CC BY-SA 4.0 — https://creativecommons.org/licenses/by-sa/4.0/ Adaptation: HTML converted to plain text; contact email addresses removed. The min/max price will but the current market price of the non-native (XLM) asset. Example, USDC vs. XLM would be roughly right now 2.91 min 2.93 max if using "Number". I'm sure they do this for market slippage error so that if the markets are moving fast there is some wiggle room to get you into the AMM vs. exact ratios and the transaction failing.
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