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<p>Stress test #2 for @papertrade_xyz?

House Funds just slipped under $3.4M. Traders are ~$107M net long ($92M BTC + $15M ETH), so a ~3% move up and the house is at zero.

The $PAPER emergency trigger (100/$1) watches the LP balance, not House Funds. LP still shows $4.77M, because open trader profit only hits LP once it’s closed.

So the House can go underwater while LP sits around $2M, and the farming meant to refill it switches on too late.

Personally I think the trigger should follow House Funds, so farmers show up when the house is actually in danger.</p>

Stress test #2 for @papertrade_xyz?
House Funds just slipped under $3.4M. Traders are ~$107M net long ($92M BTC + $15M ETH), so a ~3% move up and the house is at zero.
The $PAPER emergency trigger (100/$1) watches the LP balance, not House Funds. LP still shows $4.77M, because open trader profit only hits LP once it’s closed.
So the House can go underwater while LP sits around $2M, and the farming meant to refill it switches on too late.
Personally I think the trigger should follow House Funds, 

Stress test #2 for @papertrade_xyz? House Funds just slipped under $3.4M. Traders are ~$107M net long ($92M BTC + $15M ETH), so a ~3% move up and the house is at zero. The $PAPER emergency trigger (100/$1) watches the LP balance, not House Funds. LP still shows $4.77M, because open trader profit only hits LP once it’s closed. So the House can go underwater while LP sits around $2M, and the farming meant to refill it switches on too late. Personally I think the trigger should follow House Funds, so farmers show up when the house is actually in danger.

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