LigerWoods avatar

Mooniswap Tutorial & Review

ligerwoods

Published: 13 Aug 2020 › Updated: 13 Aug 2020Mooniswap Tutorial & Review

Mooniswap Tutorial & Review


➜ Mooniswap - https://mooniswap.exchange/#/swap?r=0xe17AebeBf7f3e07E1329C162b5dB97bB91Dfd959
➜ 1inch Exchange - https://1inch.exchange/#/r/0xe17AebeBf7f3e07E1329C162b5dB97bB91Dfd959
Mooniswap is the next generation of an automated market maker with virtual balances — enabling liquidity providers to capture profits otherwise captured by arbitrageurs - Puzzled by the front-running problem, Vitalik Buterin proposed using “virtual quantities” but in a slightly different context.

The idea is fully realized in the Mooniswap design. The new AMM is capable of keeping most of the slippage revenue in the pool by maintaining virtual balances for different swap directions. When a swap happens, a market maker does not automatically apply the invariant algorithm and displays the new prices for upcoming trades. The AMM improves exchange rates for arbitrage traders slowly, over approximately a 5-minute time period. As a result, they will be able to collect only a portion of slippage, while the rest will remain in the pool shared among liquidity providers. This we believe is a game changer. #DEFI #Ethereum #DEX


You can join my lounges to hang out or ask questions (Business inquiries to liteliger@protonmail.com)
➜ Discord - https://discord.gg/MMEnf2c
➜ Telegram - https://t.me/LiteLigerLounge


▶️ 3Speak

Leave Mooniswap Tutorial & Review to:

Written by

New account, since i lost keys to my previous one @liteliger pretty much going to upload crypto stuff here.

Read more #ethereum posts


Best Posts From LigerWoods

We have not curated any of ligerwoods's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.

More Posts From LigerWoods