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/
 
white paper: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.