Would be useful to have a Metric that shows how PICKLE LP’s affect the USD stablecoins movements.
To start, would need a graph of the USD stablecoins and when and how much PICKLE LP’s influenced the movements back towards the peg.
This would be a way to show current and potential PICKLE investors that PICKLE LP’s have a measurable effect.
A metric based on that chart would prove the purpose of PICKLES and measure their effectiveness.
Suggested metric would be two part: Deviation adjustment +/-, and Slew Rate (Deviation vs. Time; how fast to adjust).
I would like to see this Metric on the UI, with color coding of Green-Yellow-Red based on current effectiveness.
If the Metric is implemented, a baseline can be established and the limits for the Metric color coding can be set.
Perhaps this is over-simplified.
It may be difficult to measure the specific effect of the PICKLES LP’s vs. the other transactions as they occur in real-time.
But I think that the data analysis toward this end would be very interesting and revealing.
Welcome all comments regarding the Metric.