ADR006 Amendment2: Lower POL Exit Criteria

Update Nov 23: Lower POL Exit Criteria

As of Nov 23, POL enters at 50% and exits at 40% (4500):

• POLTargetSynthPerPoolDepth to 4500
• POLBuffer to 500 PoL will enter at 4500 + 500 = 50% but exit at 4500 - 500 = 40%

The issue is that POL does not stay in the pools long enough to make enough yield to compensate for the Impermanent Loss experienced from the price change as Synth Utilisation drops from 50% to 40%:

BlockHeight: 13,326,840 
Overall RUNE deposited: 7,590,445.22 RUNE
Overall RUNE Withdrawn: 5,704,572.68 RUNE
Current RUNE PnL: -430,760.85 RUNE

To let PoL stay in the pools for much longer (but still exit if a pool is being removed from the network or utilisation drops off), mimir should refine PoL parameters:

• POLTargetSynthPerPoolDepth to 3000
• POLBuffer to 2000

PoL will enter at 3000 + 2000 = 50% but exit at 3000 - 2000 = 10%. This should give PoL enough time to make yield on deposits and is not losing to Impermanent Loss.

docs/architecture/adr-006-enable-pol.md

@@ -9,6 +9,30 @@
 
 Implemented
 
+## Update Nov 23: Lower POL Exit Criteria
+
+As of Nov 23, POL enters at 50% and exits at 40% (4500):
+
+> - `POLTargetSynthPerPoolDepth` to `4500`
+> - `POLBuffer` to `500`
+>   PoL will enter at `4500 + 500 = 50%` but exit at `4500 - 500 = 40%`
+
+The issue is that POL does not stay in the pools long enough to make enough yield to compensate for the Impermanent Loss experienced from the price change as Synth Utilisation drops from 50% to 40%:
+
+```text
+BlockHeight: 13,326,840
+Overall RUNE deposited: 7,590,445.22 RUNE
+Overall RUNE Withdrawn: 5,704,572.68 RUNE
+Current RUNE PnL: -430,760.85 RUNE
+```
+
+To let PoL stay in the pools for much longer (but still exit if a pool is being removed from the network or utilisation drops off), mimir should refine PoL parameters:
+
+- `POLTargetSynthPerPoolDepth` to `3000`
+- `POLBuffer` to `2000`
+
+PoL will enter at `3000 + 2000 = 50%` but exit at `3000 - 2000 = 10%`. This should give PoL enough time to make yield on deposits and is not losing to Impermanent Loss.
+
 ## Update Sep 23: Add All Saver Pools to PoL Targets
 
 Recently additional pools (stablecoins) were enabled for Saver positions, but PoL was not activated on those pools. The original Pol ADR was explicit in which pools would receive PoL, but it is not wise to have Saver Pools without PoL protection. This ADR amendment sets out that all Saver pools should receive PoL treatment.
@@ -18,10 +42,27 @@ Recently additional pools (stablecoins) were enabled for Saver positions, but Po
 Going forward, any pool activated for Savers should also enable PoL.
 To sync the pools, the following should be set:
 
-- `POL-AVAX.USDC-0XB97EF9EF8734C71904D8002F8B6BC66DD9C48A6E` to `1`
-- `POL-BNB.BUSD-BD1` to `1`
-- `POL-ETH.USDC-0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48` to `1`
-- `POL-ETH.USDT-0XDAC17F958D2EE523A2206206994597C13D831EC7` to `1`
+L1 Pools
+
+```text
+AVAX.AVAX 1
+LTC.LTC 1
+BCH.BCH 1
+DOGE.DOGE 1
+BSC.BNB 1
+BNB.BNB 1
+DOGE.DOGE 1
+GAIA.ATOM 1
+```
+
+StableCoin (TOR Anchor) Pools
+
+```text
+POL-AVAX.USDC-0XB97EF9EF8734C71904D8002F8B6BC66DD9C48A6E 1
+POL-BNB.BUSD-BD1 1
+POL-ETH.USDC-0XA0B86991C6218B36C1D19D4A2E9EB0CE3606EB48 1
+POL-ETH.USDT-0XDAC17F958D2EE523A2206206994597C13D831EC7 1
+```
 
 ## Context