Nouns DAO: $1M Swap
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Jul 28
Nouns DAO tested a $1M trade with less than 1/5th the liquidity (~$185k) and validated TWAMM for large on-chain swaps that need MEV protection and optimized price execution.The proposal was split into two separate trades. The first 500 wstETH (~$1M) swap was a trial trade to ensure the protocol operates as expected. A follow-up trade for the remaining7000 wstETH (~$15M) will happen in the upcoming weeks.https://twitter.com/noun40__/status/1678073925975298048Competitive LandscapeBefore getting...

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Nouns DAO: $1M Swap

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