Muffin (it's live on mainnet)

AMM with concentrated liquidity + multiple fee tiers per pool + keeper-less limit orders.

[Muffin (it's live on mainnet) @Muffin_fi]

Introducing Muffin.

Muffin is an AMM protocol that supports concentrated liquidity and multiple fee tiers in one pool. Plus more features.🧵

https://t.co/NAiXEtVVUi

[Muffin (it's live on mainnet) @Muffin_fi]

If you're uniswap LP, we just added a migrator for you to 1-click instant transfer liquidity to Muffin.

You can also specify how much liquidity to migrate if you just want to move a small portion of liquidity to try it out first.

https://t.co/68SqTleqSX

[DW @dken_w]

Although @muffin_fi and uniswapv3 are both concentrated liquidity AMM, we have a very different codebase.

So, let’s see Muffin’s advancement on the code. 🧵

[Muffin (it's live on mainnet) @Muffin_fi]

@DeFi_Dad @1inch @ChickenBonds Uniswap also allows ERC-2612 permit when swapping USDC, DAI and UNI specifically.

p.s. We allow permit for all tokens that support it, in both swapping and adding liquidity.

[Muffin (it's live on mainnet) @Muffin_fi]

A quick link to try it: https://t.co/ziGKhURkqW

[Muffin (it's live on mainnet) @Muffin_fi]

Keep on iterating on LP UX:

When adding liquidity, we now let you “lock” the token ratio to stay unchanged while changing the price range.

So, for instance, u can easily construct a 50:50 position of different narrowness of price range.

[Muffin (it's live on mainnet) @Muffin_fi]

gm muffin LPs, now you can group positions by token pair on the position-list page. More organized, cleaner UI.

[Muffin (it's live on mainnet) @Muffin_fi]

it was indeed on our long-ago introductory blog post as well

[Muffin (it's live on mainnet) @Muffin_fi]

Our principle from the beginning: stay neutral, empower LPs to compete, and drive up efficiency for end users

[DW @dken_w]

If u prefer AMM dynamically setting swap fee for you, u shd really prefer AMM setting price range for you, like CurveV2.

If u prefer setting price range yourself, u shd really prefer setting swap fee yourself. That’s to respect competitions amongs LPs to drive up AMM efficiency.

[Muffin (it's live on mainnet) @Muffin_fi]

@APOideas True though. Will add a 7-day average later on.

[Muffin (it's live on mainnet) @Muffin_fi]

Hey LPs, we now show you an "estimated APR" when you're creating a position on Muffin.

The APR is estimated based on yesterday's 24hr trade fees, and has scaled up with respect to your price range's narrowness.

[Muffin (it's live on mainnet) @Muffin_fi]

The APR calculation is simple math, but has made a few assumptions, including assuming your position will stay "in-range" all the time. To learn how we derive it, u can read: https://t.co/zvooNPHP71

To see it live, a quick link to our Add Liquidity page: https://t.co/2h8SEurA5c

[Muffin (it's live on mainnet) @Muffin_fi]

And if you're more interested in a "monthly" or "daily" rate instead an annualized rate, no problem, you can switch it too on Muffin.

[PhiMarHal @PhiMarHal]

Muffin is univ3 on steroids. From smart contract design to UI improvements, these changes are so good it should become standard.

Low liquidity for now, but I have high hopes once altchain deployments begin.

[Muffin (it's live on mainnet) @Muffin_fi]

Hey LPs, we updated the position list UI. Now you can see more data in one page, including each position’s value, total agg. value, tier’s current price, etc. Try it.

[Muffin (it's live on mainnet) @Muffin_fi]

Liquidity gradually rising 💦⤴️🫡

[Muffin (it's live on mainnet) @Muffin_fi]

We're on @DefiLlama🦙 now. Thanks to the anon who voluntarily integrated that for us.

[DefiLlama.com @DefiLlama]

Now tracking @Muffin_fi on @ethereum

AMM with concentrated liquidity + multiple fee tiers per pool + keeper-less limit orders

https://t.co/XvcqNngs1i

[Muffin (it's live on mainnet) @Muffin_fi]

One more thing, the “total addressable MEV” on muffin is not high at the time of writing. You may want to do a cost analysis before using the bot on mainnet.

See you in the mev world🫡

[Muffin (it's live on mainnet) @Muffin_fi]

As mentioned earlier, we’re now releasing the source code of the simple arb bot that we’re using.

https://t.co/GBxQyIynvl

[Muffin (it's live on mainnet) @Muffin_fi]

The bot is meant to be just a reference or example for MEV searchers.

If you want to be competitive, a lot of improvements can be done to the bot. We listed some ideas in the repo readme.