Frequently Asked Questions (FAQ) for Gamma Automated
Gamma uses dual-sided deposits.
Single-sided deposits have a reputation for being unsafe. They're prone to oracle manipulation. They require the protocol to swap some of the deposited tokens to deposit. This increases the costs associated with depositing. In concentrated liquidity, the pair ratio frequently changes, complicating single-sided deposits even more.
Gamma has some ideas about making single-sided deposits work. We left the option up on our user interface for when those solutions are available. They will be announced when they are.
Gamma supports the following DEXs:
- Uniswap V3
- QuickSwap V3
Gamma supports the following networks:
- Ethereum Mainnet
BNB Chain, Gnosis Chain, StarkNet, and Moonbeam are in development and will be supported when concentrated liquidity is ready to be deployed.
L2 strategies can implement frequent swapping and range adjustment without incurring excessive gas costs. This allows a much wider variety of strategies to be implemented. They are also cheaper for the user to approve, deposit, and withdraw. Learn to useAlternate Networks.
Gamma Automated is non-custodial because Gamma does not control a user's funds. Depositing into a vault allows users to participate but does not restrict users from withdrawing from the vault. Likewise, users still retain control of their LP tokens when they participate in an incentives program by staking their LP tokens.
There are two sources of funds that increase the TVL on ethereum mainnet
The first is the v1 vaults (legacy vaults), which you can find a link to on the dashboard.
The second is Gamma Enterprise users who have private vaults with us. These are usually DAOs/protocols that we manage liquidity for.
Rebalancing is often a knee-jerk reaction to a vault going out of range. This is not always the best course of action. Rebalancing when the vault is unbalanced locks in impermanent loss. Sometimes, waiting for the vault to come back into range is better.
Our incentives contract requires users to deposit their LP tokens into the contract (stake) to receive rewards. At that point, they leave your wallet (you still have custody, though), but the effect is that they disappear from our main dashboard, Debank, Zapper, etc.
We have a fix for this in the works.
Try restarting the deposit/withdrawal and go through the Fix Errors process. This will usually clear the error.
When depositing assets into a vault, sometimes the ratio changes between the time you've done your approvals and deposit. If this happens, just Fix Errors and start over.