Stage B · 30-Day CALM Simulation · Final Result
LPs beat their committed APR.
Users still trade. Protocol earns revenue.
The protocol used a single-axis objective — maximize cap_eff, the
surviving LP capital ratio — to choose per-currency fees. Floor fees ruled the calm,
with surgical spikes only when an LP exit was imminent. The result holds together on
every side of the market.
| Nationality |
Committed APR |
N LPs |
N ≥ 15-day |
Compound APR |
Liquid Spread |