Use TWAMM Protocol to DAOToken Buyback
TWAMM Protocol is a new form of AMM that was designed by Paradigm and realized in Pulsar.Disadvantages of AMMsWhile current Automated market makers (AMM) like Uniswap allow traders to swap a pair of assets instantaneously, traders may experience loss of assets due to high price impact (i.e. high slippage) in large order trades, hence are more susceptible to being front-run.TWAP Order in Centralized FinanceIn centralized finance, large trades are handed over to brokers who place algorithmic tr...
Use TWAMM Protocol to DAOToken Buyback
TWAMM Protocol is a new form of AMM that was designed by Paradigm and realized in Pulsar.Disadvantages of AMMsWhile current Automated market makers (AMM) like Uniswap allow traders to swap a pair of assets instantaneously, traders may experience loss of assets due to high price impact (i.e. high slippage) in large order trades, hence are more susceptible to being front-run.TWAP Order in Centralized FinanceIn centralized finance, large trades are handed over to brokers who place algorithmic tr...
Pulsar: A TWAMM Protocol
Project JustificationExisting Limitations of DEXVarious DEX products have been blooming in the DeFi market over the past 3 years. However, the existing ones suffer from some problems from different perspectives. For example, popular ones such as Uniswap focus on providing a platform that allows users to instantly exchange tokens at the cost of relatively large slippage when the size of the orders becomes large. On the other hand, Curve mitigated the slippage issue for its constant-sum-based m...
Pulsar: A TWAMM Protocol
Project JustificationExisting Limitations of DEXVarious DEX products have been blooming in the DeFi market over the past 3 years. However, the existing ones suffer from some problems from different perspectives. For example, popular ones such as Uniswap focus on providing a platform that allows users to instantly exchange tokens at the cost of relatively large slippage when the size of the orders becomes large. On the other hand, Curve mitigated the slippage issue for its constant-sum-based m...
