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Update 0044-LIME-lp_mechanics.md #1918

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Aug 31, 2023
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Update 0044-LIME-lp_mechanics.md #1918

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1 change: 0 additions & 1 deletion protocol/0044-LIME-lp_mechanics.md
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Expand Up @@ -296,7 +296,6 @@ Note:
- Change of network parameter `market.liquidity.bondPenaltyParameter` will immediately change the amount by which the bond account will be 'slashed' when a liquidity provider has insufficient capital for Vega to make the transfers for their mark to market or other settlement movements, and/or margin requirements arising from their orders and open positions. (<a name="0044-LIME-003" href="#0044-LIME-003">0044-LIME-003</a>)
- Change of `market.liquidity.maximumLiquidityFeeFactorLevel` will change the maximum liquidity fee factor. Any LP orders that have already been submitted are unaffected but any new submission or amendments must respect the new maximum (those that don't get rejected). (<a name="0044-LIME-006" href="#0044-LIME-006">0044-LIME-006</a>)
- Check that bond slashing works with non-default asset decimals, market decimals, position decimals. This can be done by following a similar story to [bond slashing feature test](https://github.com/vegaprotocol/vega/blob/develop/core/integration/features/verified/liquidity-provision-bond-account.feature). Should test at least three different combinations, each decimal settings different to each other. (<a name="0044-LIME-009" href="#0044-LIME-009">0044-LIME-009</a>)
- Change of `market.liquidity.stakeToCcyVolume` will change the liquidity obligation hence change the size of the LP orders on the order book. (<a name="0044-LIME-010" href="#0044-LIME-010">0044-LIME-010</a>)
- If `market.liquidity.stakeToCcyVolume` is set to `0.0`, there is [target stake](./0041-TSTK-target_stake.md) of `1000` and there are 3 LPs on the market with stake / fee bid submissions of `100, 0.01`, `1000, 0.02` and `200, 0.03` then the liquidity fee is `0.02`. (<a name="0044-LIME-012" href="#0044-LIME-012">0044-LIME-012</a>)

- If a liquidity provider has `fraction_of_time_on_book` >= `market.liquidity.committmentMinTimeFraction`, no penalty will be taken from their bond account (<a name="0044-LIME-013" href="#0044-LIME-013">0044-LIME-013</a>)
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