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Title: [ANN] Metaswap: DEX based on dynamic fee rate to solve front-runner attacks Post by: summercat on June 21, 2021, 05:32:38 AM Metaswap solve the front-running-attacks problem commonly faced in the AMM mechanism, which will bring huge losses to liquidity providers and real traders, which will exacerbate the unfair distribution of benefits between arbitrageurs and participants. When designing Metaswap, we adopted a dynamic fee rate mechanism to greatly reduces the profitability of arbitrageurs.
website:https://metaswaps.finance/ (https://metaswaps.finance/) white paper:https://metaswaps.finance/pdf/metaswap_whitepaper.pdf (https://metaswaps.finance/pdf/metaswap_whitepaper.pdf) Metaswap's price model: f(x+△x,y-△y )=k*(1+π(ρ)) Where x,y respectively represent the balances of the two assets A and B in the pool; △x,△y represent that a trader exchanges △x of A for △y of B; k is a fixed constant, Similar to a constant in other AMM trading models;ρ is the transaction ratio coefficient, defined as ρ= △x/(x+△x) ; π(ρ) is an adjustment function, in principle π(ρ) is an increasing function of ρ. Title: Re: [ANN] Metaswap：AMM based on dynamic transaction fee rate Post by: angrybirds.allen on June 21, 2021, 06:17:41 AM Designing an automated market maker that can't be attacked is probably fairly hard. I think this concept deserves more attentions.
Title: Re: [ANN] Metaswap: DEX based on dynamic transaction fee rate Post by: wolfwolf on June 21, 2021, 10:01:05 AM At first glance, I thought it was metamask that launched metaswap. How about the economic model?
Title: Re: [ANN] Metaswap: DEX based on dynamic transaction fee rate Post by: army315 on June 22, 2021, 01:42:55 AM 期待 :P
Title: Re: [ANN] Metaswap：AMM based on dynamic transaction fee rate Post by: summercat on June 22, 2021, 02:55:10 AM Designing an automated market maker that can't be attacked is probably fairly hard. I think this concept deserves more attentions. The market needs a good DEX to maintain the fairness of participants. We have found such a method in a certain mathematical model and can't wait to share and discuss with you. Title: Re: [ANN] Metaswap：AMM based on dynamic transaction fee rate Post by: hextobig on June 22, 2021, 09:05:30 AM Designing an automated market maker that can't be attacked is probably fairly hard. I think this concept deserves more attentions. The market needs a good DEX to maintain the fairness of participants. We have found such a method in a certain mathematical model and can't wait to share and discuss with you. following Title: Re: [ANN] Metaswap: DEX based on dynamic transaction fee rate Post by: summercat on June 29, 2021, 01:51:28 AM Metaswap's website has been launched. Introduction and price model are announced on the website. Metaswa's white paper will be opened soon. If you have any questions, welcome discuss in the forum.
Title: Re: [ANN] Metaswap: DEX based on dynamic transaction fee rate Post by: eagleflyhigh on June 29, 2021, 07:53:02 AM Can i understand this way, in uniswap, x.y=k. but in metaswap, x.y=k*(1+π(ρ))
Title: Re: [ANN] Metaswap: DEX based on dynamic transaction fee rate Post by: summercat on June 30, 2021, 06:45:39 AM Can i understand this way, in uniswap, x.y=k. but in metaswap, x.y=k*(1+π(ρ)) In fact, in uniswap, the price is only related to the quantity of the two assets. In metaswap, the price is also related to the rate, and the rate is positively related to the proportion of transaction assets. By adjusting the rate, the arbitrageur is unprofitable Title: Re: [ANN] Metaswap: DEX based on dynamic fee rate to solve front-runner attacks Post by: wolfwolf on June 30, 2021, 08:04:30 AM is there any telgram or twitter?
Title: Re: [ANN] Metaswap: DEX based on dynamic fee rate to solve front-runner attacks Post by: eagleflyhigh on July 05, 2021, 08:49:12 AM is there any telgram or twitter? When the white paper comes out, the slippage problem is really solved, we can build dicord by ourselves Title: Re: [ANN] Metaswap: DEX based on dynamic fee rate to solve front-runner attacks Post by: summercat on July 07, 2021, 10:44:29 AM Metaswap's white paper has been finished, which refers to well-known AMM models such as Bancor, uniswap, and Balancer protocol, and proposes a solution to the problem of front-running attacks. Please continue to pay attention to the development of the project.
Title: Re: [ANN] Metaswap: DEX based on dynamic fee rate to solve front-runner attacks Post by: hextobig on July 07, 2021, 05:35:27 PM According to your paper, 0 < ρ < 1.
for some ρ greater than a certain critical value, will there be △y < 0? |