MethLab DLV

Introduction

MethLab DLV introduces advanced Strategies and Delegated Lender Vaults(DLV). DLV enables lenders to select strategies incorporating a discount factor, eliminating the need for manual lend price input and order expiry. Strategy Manager can granularly design the Strike Price logic. This opens up the space to other mechanisms of underwriting and adjusting strike price including oracle-less designs.

Mechanism

1. Strategy encapsulates the Strike Price logic.
2. Lenders deploy and supply to their DLV that follows a Strategy.
3. Other parameters such as the discount factor, annual percentage return (APR), and duration can be modularly managed by Strategy Managers or set as immutable.
4. MethLab's Liquidation-free primitive remains unchanged.

Modularity

The ability to perform faster updates enhances the mechanism's resilience by reducing latency between price adjustments. Strategy managers can decide which oracle to use and how to adjust its output.

Timelock on Strategies

All managed strategies will be deployed with a Timelock. Lenders can review the changes before they go live or supply to strategies with immutable parameters.