How many times do you get a (Gelato-powered) HAL email notification that space has opened up in a Bancor pool you want to LP into only to get there and find that the space has already gone?
Rumour has it this is because some people run their own bots to get into the in-demand pools. Could Gelato level the playing field and give normal users a way to queue up LP positions so that when space becomes available the tokens get added automatically?
Not sure how gas would work under this scenario (at least on L1 Ethereum) but maybe users could set a cap on how much gas they’re prepared to pay and if it’s too expensive to enter then you just get left on the queue. As protocols like Bancor move to Arbitrum/Optimism this issue should mostly fall away.
Other related ideas/builds:
- queue position could be based on your holding of GEL tokens
- holding of GEL relative to amount you want to LP could be used to level playing field with whales
How feasible is this?