The first thing built for prePO was a comprehensive SDK with a built-in market simulation capabilities.
This unlocked the door for us to build prePO Simulator - a tool for playing out different scenarios as a Trader or Liquidity Provider on prePO.
Through the Simulator, we aim to facilitate a deeper understanding of how prePO works, including the impact of different inputs and parameters.
As a curious trader, you could play out a scenario where you enter a long position in a SpaceX market at a valuation of $100B and exit at a valuation of $400B, and understand what your overall profit would be if that scenario played out.
Or as an LP, you could explore the ‘max loss’ scenario if you provided liquidity for an OpenSea market, to visualize prePO’s unique downside minimization for LPs and the 3 Layers of Rewards that can offset any potential losses.
For the Precogs out there, we developed Advanced Mode.
The Simulator assumes a number of default values to simplify the UX, including for reward APRs, fees, holding periods, and valuation / payout ranges.
In Advanced Mode, you can tinker with each of these parameters to your heart's content, and see visually how various parameters adjustments impacting the market.