> For the complete documentation index, see [llms.txt](https://docs.a51.finance/carbon/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://docs.a51.finance/carbon/a51-carbon/example-auto-pools/wsteth-eth-minimum-lvr.md).

# wstETH-ETH - Minimum LVR

### Strategy Objectives 

1. Tick spacing: $wstETH/$ETH is a stable pair, wider ticks can be selected.
2. Fee - Dynamic: The reason for the dynamic fee is the LP's mind is to reduce LVR when ETH staking yield is distributed every day at a fixed time. More details on this can be found [here](https://projects.atrium.academy/UniCast-1085f0444abe8033be90fb092a66f5cc).
3. Auto-Exit: The LP wants to protect themselves in the case of wstETH de-peg which has happened once in the past. A sudden drop in the price of wstETH will be a danger and LP can protect themselves from this.
4. Liquidity shape: The shape of liquidity is uniform but narrow since wstETH does not usually move much in either direction against ETH.
5. Market shifting: LP chose bull mode here because wstETH will increase in relation to ETH over the long term as the yield accumulates.
6. Use idle liquidity: Even though this will be rare because of the stability of the pool, the LP still wants to earn extra yield in case the position becomes inactive.

<figure><img src="/files/QIk8mjilV2LcGh8Y7pb8" alt=""><figcaption></figcaption></figure>

<https://www.canva.com/design/DAGZetFO6VU/_dG-fOaTf-z3GBIpAuaEAQ/watch?utm_content=DAGZetFO6VU&utm_campaign=designshare&utm_medium=link2&utm_source=uniquelinks&utlId=h7a7ea1ab70>


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