OpenHookDynamic v2 performance: we've improved LP fee yield by 218%.
Based on the experimental LP position, we've also updated our LP position range.
Max yield season.
The $OPEN burn mechanism has also been updated to a threshold-based system instead of burning instantly on every swap, making it more efficient.
Our next focus is optimizing the range and asset selection. More updates to come.
LONG
OpenHookDynamic is now on v2. We've increased the volume weight to 80% and redesigned the fee decay curve.
Compared to v1, we're seeing improved fee performance.
INTRODUCING OPEN HOOK
The first hook, OpenHookDynamic is a v4 dynamic fee hook that maximizes total fees generated for an LP pair through a simple volume-based mechanism.
Additional logic built into the hook: 50% of fees generated are automatically swapped into $OPEN and burned. The remaining 50% we claim and compound back into the LP, constantly growing it.