follow us on twitter . like us on facebook . follow us on instagram . subscribe to our youtube channel . announcements on telegram channel . ask urgent question ONLY . Subscribe to our reddit . Altcoins Talks Shop Shop


This is an Ad. Advertised sites are not endorsement by our Forum. They may be unsafe, untrustworthy, or illegal in your jurisdiction. Advertise Here Ads bidding Bidding Open

Author Topic: Uniswap creator, Paradigm devs are building a way to improve large Ethereum trad  (Read 542 times)

Offline RSRS

  • Hero Member
  • *
  • *
  • Activity: 955
  • points:
    29949
  • Karma: 15
  • Trade Count: (0)
  • Referrals: 0
  • Last Active: January 29, 2022, 03:00:41 PM
    • View Profile

  • Total Badges: 16
    Badges: (View All)
    10 Posts First Post Third year Anniversary
Quick Take
Uniswap creator Hayden Adams and two Paradigm developers have proposed a new type of market maker for decentralized exchanges.
The core idea is that it enables large trades to be split up into many smaller ones, and executed over a period of time.
If it works, it should allow for large trades to be made more efficiently within DeFi.
Uniswap creator Hayden Adams and two Paradigm developers, Dave White and Dan Robinson, are building a market making system for executing large trades on Ethereum.

Uniswap is Ethereum’s biggest decentralized exchange (DEX) while Paradigm is a crypto asset investing firm, which recently participated in FTX’s $900 million round.

According to a tweet thread by White and a paper published on the Paradigm website, the idea is to build what they call a Time-Weighted Average Market Maker, or TWAMM.

Currently, most DEXs use automated market makers (AMMs), where liquidity providers create pools of funds that DEX users can trade with. But, the paper argues (referencing this article) that these are inefficient and expensive for large trades.

Instead, it proposes a technique used in traditional finance: splitting orders up into many smaller pieces and executing them over a given timeframe.

“It breaks long-term orders into infinitely many infinitely small pieces and executes them smoothly against its embedded AMM over time,” tweeted White.

More Information
                  ▄▄▄▄▄▄ ████▄██▄ █████████
████████ ████████ ███████▄██ █████▄ ███████
██████████████   ████████ ▀▀ ███████▄███████
████████████████████████         ████ █        ▄▄▄▄ ▄▄    ▄▄▄▄
██████████████████████████         █████         █████   █████▄▄█████████▄█████▄▄▄██████▄
█████████████████████ ██████▄     ██████       ████████   ▄█████████ █████████████████████
▐█████████████████████▄ ██████     ███████      █████▀   ███████████ █████████ ████████████
▐███████████████████████           ███████      ▀██████   ███████████ █████████  █████████▀▀
▐██████████████████████▄          ███████     █▄ ███████  █████████████████    ████████▄
 ████████████████████████▄         ███████     ███▄██████  ██████████ ██████████ ▄▄██████▄
 █████████████████████████         ███████     ████▀▀▀████ ███ ███████████████████████████
 ██
███████████████████████         ███████     ████   ████ ███  █████████████████████████▀
 █████████ ▀▀▀▀▀▀▀ ▀▀▀▀▀▀           ▀▀▀▀▀▀▀     ▀▀▀▀   ▀▀▀▀ ▀▀▀    ▀▀▀ ▀▀▀    ▀▀▀▀▀  ██████▀▀▀
                 NFTanks.app                
A collection of 3333 unique Dogetankers
and New Play to earn (P2E) NFT game
[  PvE Mode  ]   [  PvP Mode  ]   [ Team Battle ]
|   TWITTER   |  TELEGRAM  |   DISCORD   |

Altcoins Talks - Cryptocurrency Forum


 

ETH & ERC20 Tokens Donations: 0x2143F7146F0AadC0F9d85ea98F23273Da0e002Ab
BNB & BEP20 Tokens Donations: 0xcbDAB774B5659cB905d4db5487F9e2057b96147F
BTC Donations: bc1qjf99wr3dz9jn9fr43q28x0r50zeyxewcq8swng
BTC Tips for Moderators: 1Pz1S3d4Aiq7QE4m3MmuoUPEvKaAYbZRoG
Powered by SMFPacks Social Login Mod