Just a quick note to say that the coop liquidity for BED, is right on the edge of being effective.
And we dropped out of range for about a day this week.
Looking at the liquidity profile, most is off centre, and we are ~50% of the current depth.
(Note, the TLV omits the $BED value, the actual TLV is ~ $1.5 M).
Current Price impact:
1 ETH (Buy or sell BED) 0.17%
2 ETH 0.34%
3 ETH 0.51%
4 ETH buy BED 0.66%
4 ETH sell BED 0.80%
5 ETH buy BED 0.82%
5 ETH sell BED 1.11%
Basically, the liquidity loses symmetry for trades above 3 ETH, and selling BED results in more price impact.
The liquidity POD will prioritise this and (likely) recommend repositioning the coops liquidity in the near future.