RLP Overview

The Ruscet Liquidity Pool (RLP) is a peer-to-peer liquidity pool that acts as a counterparty to traders on Ruscet Perps. Traders borrow assets from the pool to open leveraged positions.

The RLP asset derives its value from:

• an index fund of ETH, USDC, and FUEL

• Profits and losses incurred during trading

• 80% of the generated fees from opening and closing fees, borrowing fees, and trading fees of the pool

Liquidity Providers on Ruscet

Ruscet Liquidity Providers (JLPs) play a crucial role in the trading ecosystem by supplying the necessary liquidity for perpetual traders.

Liquidity providers (LPs) ensure there is sufficient liquidity, allowing traders to test their perpetual trading strategies. As a result, Ruscet connects LPs with traders, allowing the traders to access the liquidity provided by the LPs, and in turn allowing LPs to earn the majority of fees generated from trading activity.