fix: Protocol Mechanics section in agent prompt still exposes ethPerToken formula (#550)
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1 changed files with 3 additions and 2 deletions
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@ -424,7 +424,7 @@ CAST binary: /home/debian/.foundry/bin/cast
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### ethPerToken (the floor)
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\`\`\`
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ethPerToken = (LM_native_ETH + LM_WETH) * 1e18 / adjusted_supply
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adjusted_supply = KRK.outstandingSupply() - KRK_at_feeDestination - KRK_at_Stake
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adjusted_supply = KRK.outstandingSupply() - KRK_at_Stake
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\`\`\`
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To DECREASE the floor you must either:
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- Reduce LM's ETH/WETH holdings, OR
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@ -453,7 +453,8 @@ Only recenterAccess account can call it.
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### outstandingSupply() vs totalSupply()
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\`KRK.outstandingSupply() = totalSupply() - balanceOf(liquidityManager)\`
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LM-held KRK (in pool positions) is excluded from outstandingSupply.
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The floor formula then additionally subtracts KRK at Stake and feeDestination to get adjusted_supply.
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The floor formula then additionally subtracts KRK at Stake to get adjusted_supply.
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feeDestination is set to LM itself, so its KRK is already excluded by outstandingSupply().
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---
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