How valuation works
EZManager values positions in USDC using TWAP-based routing over allowlisted pools.
This gives users consistent accounting and execution context based on robust market inputs rather than fragile one-block spot reads.
Route quality and gas efficiency
Governance-managed route caching keeps valuation and routing efficient on chain while still preferring high-liquidity paths.
The routes are periodically updated to reflect the current highest liquidity depth for all swaps in the system.
Slippage budgets
At the start of an action, your slippage setting is converted into one USDC-denominated budget for the full operation.
That budget is passed through internal swaps and liquidity steps, and decremented through the flow so the combined operation stays within your configured slippage limit.
What this means for users
| Area | User outcome |
|---|---|
| Valuation | Consistent USDC-denominated view across lifecycle actions. |
| Routing | Execution follows governance-approved, liquidity-aware paths. |
| Slippage protection | One operation-level budget controls aggregate internal execution loss. |