Impermanent Loss Protection
The deposit value for each member is recorded when they deposit. When they go to withdraw, the redemption value is computed. If it is less than the deposit value, the member is paid the deficit from the reserve. The protection issued increases from 0 to 100% linearly for 100 days. Coverage is given by the following equation:
coverage=(V0V1)+(A0A1)V1/A1coverage = (V0 - V1) + (A0 - A1) * V1/A1
V0: USDVDeposited; A0: assetDeposited;
V1: USDVToRedeem; A1: assetToRedeem;
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