Reserve Fund Overview
Current reserve fund status and adequacy assessment against different risk methodologies.
Asset Breakdown
Methodologies
Different methodologies ensure optimal reserve fund capital adequacy through sufficient buffers for short-term losses, negative funding rates, and slippage costs. These risk management strategies enable reliable redemption demands during market volatility.
Conservative Methodology
Conservative short-term assumptions based on historical funding rates and slippage figures. Assumes dynamic hedging exposure management from Ethena and focuses on short-term risks during unexpected negative funding rates and immediate redemption pressure.
Moderate Methodology
Moderate medium-term assumptions based on historical funding rates and slippage figures. Assumes dynamic hedging exposure management from Ethena and focuses on medium-term risks during slightly negative funding rates and gradual redemption pressure.
Recommendations
Conservative Methodology
Distribution of Stablecoins and Perpetuals allocation with Recommended Value overlay.
LlamaRiskModerate Methodology
Distribution of Stablecoins and Perpetuals allocation with Recommended Value overlay.
LlamaRisk