From 2976335d5df523035a45c8ee5cbc01217ae30032 Mon Sep 17 00:00:00 2001 From: swampdaddy Date: Fri, 6 Nov 2026 14:52:30 -0500 Subject: [PATCH] Record answers on LIQ fungibility and proxy withdrawals --- docs/open-questions.md | 6 +++--- 1 file changed, 3 insertions(+), 3 deletions(-) diff --git a/docs/open-questions.md b/docs/open-questions.md index bacbc24..377cf05 100644 --- a/docs/open-questions.md +++ b/docs/open-questions.md @@ -2,9 +2,9 @@ ## Backing and external redemption -- Are special-minted tokens fully fungible with ordinary LiqETH/LiqSOL, including redemption and reward rights? -- How does Liq recognize AMM-controlled assets as backing without double counting assets and token claims? -- When a trader takes LIQ out of the AMM and redeems through Liq, who supplies the native asset and how does the AMM liability change? +- Are special-minted tokens fully fungible with ordinary LiqETH/LiqSOL, including redemption and reward rights? Yes +- How does Liq recognize AMM-controlled assets as backing without double counting assets and token claims? it doesn't change, only a new mint function will be added to Liq and only this contract will be able to call it. Withdrawl will be put behind a proxy +- When a trader takes LIQ out of the AMM and redeems through Liq, who supplies the native asset and how does the AMM liability change? see latest diagram - Can Liq draw backing directly from the AMM, or does redemption create a payable? How does either route affect reserves and the AMM curve? - How are settled claims prevented from being paid or cancelled twice?