Closed scholtz closed 1 year ago
I have created Discord server https://discord.com/invite/Z3yQkU3kbT for early community building and any type of discussions with xGovs, future liquidity providers or amm users.
Please disscuss the proposal at Algorand forum: https://forum.algorand.org/t/xgov-23-open-amm/9752
Please read and discuss the OpenAMM whitepaper: https://cloudflare-ipfs.com/ipfs/QmagzMhx2dqgAH9YePwx2UhgnMdvNG3whauLZriUunufTH
The development of an open-source AMM with concentrated liquidity brings several benefits to the Algorand community. It enhances liquidity efficiency, mitigates impermanent loss, expands investment opportunities, strengthens DeFi integration, fosters community-driven development, and attracts liquidity providers. These benefits contribute to the growth, competitiveness, and resilience of the Algorand ecosystem, positioning it as a leading platform for decentralized finance.