LogoLogo
  • Getting Started
    • What is Carbon DeFi?
    • What Makes Carbon DeFi Unique?
    • Participants
    • Creating a Strategy
  • Strategy Types
    • Limit Order
    • Range Order
    • Recurring Orders
    • Concentrated Liquidity
      • Editing Concentrated Liquidity Strategy
  • Mechanics
    • Order Dynamics
    • Strategy ROI
    • Limit vs Range Prices
    • Order Execution
      • 100% Fill Estimation
  • Additional
    • Dev Docs
    • Security & Audits
    • Resources
    • The Bancor Ecosystem & Carbon DeFi
      • Blockchain Data
Powered by GitBook
On this page
  • Goal of estimation
  • Calculation
  • Notice

Was this helpful?

  1. Mechanics
  2. Order Execution

100% Fill Estimation

Last updated 11 months ago

Was this helpful?

When creating a new strategy or editing an existing one, a value called "100% filled estimation" is exposed for ease of use.

Goal of estimation

The 100% filled estimation is an indication to makers on the amount of tokens the strategy will hold, should the entire budget be used. Once the order(s) details are provided, the buy or sell average price is identified and multiplied by the entire budget.

Calculation

Price aspect

  1. Limit - when entering a limit price, the average execution price is identical to the indicated price.

  2. Range - when entering price range, the cost basis for the specified range is equal to the geometric mean of the highest and lowest price boundaries of the indicated range.

GeometricMean=(minPrice)∗(maxPrice)GeometricMean =\sqrt{(minPrice)*(maxPrice)}GeometricMean=(minPrice)∗(maxPrice)​

Budget aspect

Budget indicates the amount of tokens allocated to each order. This is a base value that will be used against the indicated price mentioned above.

100% fill calculation

Using the values from * results in the estimated 100% fill value.

Notice

As orders within a recurring strategy are traded against and refilled, 100% fill estimation results may change.

Price
Budget