- A. [Shifting with the Burn-and-Mint Mechanism](#a-shifting-with-the-burn-and-mint-mechanism)
- B. [Marketing Making via LP Rewards](#b-marketing-making-via-lp-rewards)
- B. [Market Making via LP Rewards](#b-market-making-via-lp-rewards)
- C. [Price Parity via Flex Fee](#c-price-parity-via-flex-fee)
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@@ -59,10 +59,13 @@ Offshift anon is a fully on-chain, non-custodial platform designed to provide pr
On Offshift anon, users may perform three different capital transfers.
|1. From XFT to anonAssets|
| :- |
|**2. From anonAssets to anonAssets**|
|**3. From anonAssets to XFT**|
| Offshift anon Capital Transfers |
| ------ |
| **1. From XFT to anonAssets** |
| **2. From anonAssets to anonAssets** |
| **3. From anonAssets to XFT** |
Offshift also facilitates two different Shifting types.
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@@ -72,7 +75,7 @@ An Anonymizing Shift, (herein referred to as an anonShift) both (a) dissociates
#### 2. Simple Shift
A Simple Shift is transparent and confers no anonymity; it simply shifts value from one asset type to another. A Simple Shift with input (a) anonAsset or (b) XFT will always output XFT. A Simple Shift is less computationally intensive than an anonShift, and thus cheaper and more conducive to arbitrage operations that support price parity for anonAssets in public markets.
A Simple Shift is transparent and confers no anonymity; it simply shifts value from one asset type to another. A Simple Shift with input anonAsset will always output XFT. A Simple Shift with input XFT will always output anonAsset. A Simple Shift is less computationally intensive than an anonShift, and thus cheaper and more conducive to arbitrage operations that support price parity for anonAssets in public markets.
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@@ -81,9 +84,9 @@ A Simple Shift is transparent and confers no anonymity; it simply shifts value f
||**AnonymizingShift**|**SimpleShift**|
| :-- | :-: | :-: |
|**XFT to anonAssets**|**X**|**\***|
|**anonAssets to anonAssets**|**X**|**–**|
|**anonAssets to XFT**|**–**|**X**|
|**XFT to anonAssets**|**✓**|**\***|
|**anonAssets to anonAssets**|**✓**||
|**anonAssets to XFT**||**✓**|
**Simple Shifts are only activated in response to conditions whereupon one or more anonAssets exceed price parity due to incremental buy-side pressure. Under these circumstances, Offshift anon's Simple Shifts allow arbitrageurs to restore price parity efficiently by Shifting from XFT to anonAssets at the lowest cost possible. When price parity is restored, the Offshift anon protocol deactivates Simple Shifts.*
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@@ -161,9 +164,9 @@ The **Burn-and-Mint Mechanism** burns a user’s XFT and mints an anonAsset of e
## B. Marketing Making via LP Rewards
## B. Market Making via LP Rewards
As fully composable, standard ERC20 tokens, anonAssets can be Shifted through Offshift’s Shifting Circuit, and may be integrated into various Ethereum DeFi applications as well. To support demand for anonAssets in public markets, Offshift Core will deploy XFT from the Offshift Ecosystem's Staking Rewards Wallet to incentivize LPs and ensure adequate liquidity levels. Quantitative metrics will be announced at the proper juncture.
As fully composable, standard ERC20 tokens, anonAssets can be Shifted through Offshift’s Shifting Circuit, and may be integrated into various Ethereum DeFi applications as well. To support demand for anonAssets in public markets, Offshift Core will deploy XFT from the Offshift Ecosystem's Staking Rewards Wallet to incentivize anonAsset LPs and ensure adequate liquidity levels in anonAsset markets. Quantitative metrics will be announced at the proper juncture.
