Applying Balancer’s Managed Pool Controllers to Manage Liquidity in Bonding Curves
Table of Contents: Intro Managed Pools (MP) MP Controller Design Valory’s Smart Managed Pool Off-Chain Controller (SMP) Orb’s Managed Pool On-Chain Controller (MPC) Canonical Bonding Curves MP Controllers for Bonding Curve Liquidity Management Optimizing Bonding Curve Liquidity with MP Controllers Circuit Breakers Add/Remove Tokens Dynamic Token Weight and Fee Management Conclusion IntroManaged pool (MP) controllers can manage liquidity across multiple sources. Managed pools (MPs) are a new t...
Applying Balancer’s Managed Pool Controllers to Manage Liquidity in Bonding Curves
Table of Contents: Intro Managed Pools (MP) MP Controller Design Valory’s Smart Managed Pool Off-Chain Controller (SMP) Orb’s Managed Pool On-Chain Controller (MPC) Canonical Bonding Curves MP Controllers for Bonding Curve Liquidity Management Optimizing Bonding Curve Liquidity with MP Controllers Circuit Breakers Add/Remove Tokens Dynamic Token Weight and Fee Management Conclusion IntroManaged pool (MP) controllers can manage liquidity across multiple sources. Managed pools (MPs) are a new t...
Past Writings
MEVUsing Topological Data Analysis to Identify Distinct MEV Behavior (blog, November 2022)Using Topological Data Analysis to Identify Distinct MEV Behavior (paper, November 2022)MEV Arbitrage on Olympus (October 2022)DeFiFeedlot: trading with safe, low latency price oracles (April 2023)Applying Balancer’s Managed Pool Controllers to Manage Liquidity in Bonding Curves (December 2022)Pari-Mutuel Market Design (August 2022)The AMM Design Trilemma (August 2022)RMM-01 Concentrated Liquidity Analys...
Past Writings
MEVUsing Topological Data Analysis to Identify Distinct MEV Behavior (blog, November 2022)Using Topological Data Analysis to Identify Distinct MEV Behavior (paper, November 2022)MEV Arbitrage on Olympus (October 2022)DeFiFeedlot: trading with safe, low latency price oracles (April 2023)Applying Balancer’s Managed Pool Controllers to Manage Liquidity in Bonding Curves (December 2022)Pari-Mutuel Market Design (August 2022)The AMM Design Trilemma (August 2022)RMM-01 Concentrated Liquidity Analys...
Using Topological Data Analysis to Identify Distinct MEV Behavior
1 - Introduction 2 - Mapper Algorithm 3 - Six Distinct MEV Behaviors 4 - Conclusion 1 - IntroductionTopological data analysis (TDA) is a powerful data analytics technique that uses the underlying topological and geometric structures of data to create non-trivial, meaningful categories. The Mapper algorithm is a TDA tool that transforms data, which lives in a continuous Reeb space, to a simplicial complex, a topological combinatorial graph which lives in a discrete space. TDA started to turn h...
Using Topological Data Analysis to Identify Distinct MEV Behavior
1 - Introduction 2 - Mapper Algorithm 3 - Six Distinct MEV Behaviors 4 - Conclusion 1 - IntroductionTopological data analysis (TDA) is a powerful data analytics technique that uses the underlying topological and geometric structures of data to create non-trivial, meaningful categories. The Mapper algorithm is a TDA tool that transforms data, which lives in a continuous Reeb space, to a simplicial complex, a topological combinatorial graph which lives in a discrete space. TDA started to turn h...
MEV Arbitrage on Olympus POL
1 - Abstract 2 - Intro 2a - MEV Arbitrage 2b - Olympus POL 3 - Data Collection 3a - Sushiswap LP 3b - Olympus POL 4 - Results 4a - Swap Distributions 4b - Swap Statistics 4c - Buy/Sell Trading Flows 5 - Final Remarks 1 - AbstractMaximal extractable value (MEV) bots perform atomic arbitrage transactions on DEX-based liquidity pools. Although accounting for less than 1% of total unique addresses, these bots execute the majority of transactions in Olympus protocol owned liquidity (POL) both in t...
MEV Arbitrage on Olympus POL
1 - Abstract 2 - Intro 2a - MEV Arbitrage 2b - Olympus POL 3 - Data Collection 3a - Sushiswap LP 3b - Olympus POL 4 - Results 4a - Swap Distributions 4b - Swap Statistics 4c - Buy/Sell Trading Flows 5 - Final Remarks 1 - AbstractMaximal extractable value (MEV) bots perform atomic arbitrage transactions on DEX-based liquidity pools. Although accounting for less than 1% of total unique addresses, these bots execute the majority of transactions in Olympus protocol owned liquidity (POL) both in t...
TIL #2 - The AMM Design Trilemma
Recently I have been on a quest to understand AMM’s from a historical context (pre-DeFi). This 2013 paper by Othman et al titled “A Practical Liquidity-Sensitive Automated Market Maker” takes an axiomatic approach to unify AMM designs by characterizing AMMs by three properties - path independence, translation invariance, and liquidity sensitivity.1 - Three properties to characterize AMMs - path independence, translation invariance, and liquidity sensitivityPath IndependencePath independence m...
TIL #2 - The AMM Design Trilemma
Recently I have been on a quest to understand AMM’s from a historical context (pre-DeFi). This 2013 paper by Othman et al titled “A Practical Liquidity-Sensitive Automated Market Maker” takes an axiomatic approach to unify AMM designs by characterizing AMMs by three properties - path independence, translation invariance, and liquidity sensitivity.1 - Three properties to characterize AMMs - path independence, translation invariance, and liquidity sensitivityPath IndependencePath independence m...
