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Add redirections
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roszpun committed Oct 14, 2024
1 parent d7df955 commit 15604a1
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2 changes: 1 addition & 1 deletion docs/get-started/price-feeds/lombard.md
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Expand Up @@ -25,7 +25,7 @@ To burn LBTC and unstake BTC, a user initiates the burn by sending LBTC back to

### Overview

RedStone delivers LBTC/BTC fundamental price using both [pull](./models/redstone-pull.mdx) and [push](./models/redstone-push.md) models. The price is calculated as a ratio between BTC controlled by the Lombard protocol and the total supply of LBTC tokens across all supported chains. There are also adjustments for **total_unclaimed_lbtc** (LBTC tokens that are not yet minted but already have correlated BTC tokens deposited to the Lombard protocol) and **total_btc_unstakes_pending** (BTC tokens in the 7-day withdrawal period).
RedStone delivers LBTC/BTC fundamental price using both [pull](./../models/redstone-pull.mdx) and [push](./../models/redstone-push.md) models. The price is calculated as a ratio between BTC controlled by the Lombard protocol and the total supply of LBTC tokens across all supported chains. There are also adjustments for **total_unclaimed_lbtc** (LBTC tokens that are not yet minted but already have correlated BTC tokens deposited to the Lombard protocol) and **total_btc_unstakes_pending** (BTC tokens in the 7-day withdrawal period).

Currently, the value has an upper cap of 1, meaning a healthy value is 1, indicating the protocol’s stability. A value of 1 also signifies that there are as many or more BTC held by the protocol than there are LBTC tokens in circulation, ensuring full or over-collateralization. For example, if half of the BTC tokens disappear from wallets controlled by Lombard, but the LBTC supply remains the same, the ratio would drop to 0.5. Once Lombard starts generating yield, this cap will be removed, and the value will gradually increase, similar to reward bearing LST tokens like wstETH or pufETH.

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4 changes: 2 additions & 2 deletions docusaurus.config.js
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Expand Up @@ -153,8 +153,8 @@ const config = {
{
redirects: [
{
to: "/docs/get-started/price-feeds",
from: "/docs/smart-contract-devs/price-feeds",
from: '/docs/get-started/lombard/',
to: '/docs/get-started/price-feeds/lombard/',
},
],
},
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