🚨 The future of on-chain non-atomic trade execution on Ethereum L1 is here! 👾
Say hello 👋 to Cron V1: TWAMM! ⏳
Now, everyone can make multi-million dollar swaps efficiently, permissionlessly, and transparently without custody/counterparty risk or off-chain dependencies ☠️
Pioneering AMM Innovation with Balancer Technology
With over $1.94B in swap volume routed through custom-built AMMs, Balancer has uniquely contributed to defining the DeFi landscape by providing developers with cutting-edge, modular architecture that empowers the swift development of customized AMMs.
Noteworthy examples such as @GyroStable ECLPs, @cronfinance TWAMMs, @XaveFinance FX pools, and @FjordFoundry LBPs vividly showcase the innovative potential of using Balancer as a programmable base-layer.
Gyroscope's mission is to build robust public infrastructure for DeFi. To date, Gyroscopes ECLPs have fostered ~$45M in TVL and continue to drive significant utilization of Elliptical Concentrated Liquidity on Balancer.
https://t.co/CS3B5LqMYn
Cron Finance continues to drive unique solutions for DeFi by building advanced fully on-chain trade execution algorithms. Time-weighted average market maker (TWAMMs) smoothly execute multi-million dollar swaps, with minimal slippage, capital requirements, and contribute toward MEV attack resistance.
https://t.co/iqDV8CUGtY
Xave Finance is pioneering innovation for foreign exchange (FX) in DeFi by leveraging a novel FX Invariant to facilitate stablecoin swaps with no slippage. Currently, they have built a decentralized market for FX and RWAs with custom pools routing over ~$54M in FX volume.
https://t.co/GemJkctZfE
Fjord Foundry is a community-focused platform that specializes in connecting innovative projects with engaged backers. Liquidity Bootstrapping Pools (LBPs) have facilitated ~$1.3B volume for fair and transparent token sale events.
https://t.co/yxef1gxEOE
Building on Balancer's foundation endows AMMs with the inherent security and robustness of the Balancer Vault. This unique approach allows developers to streamline development and channel their focus on what really matters — innovation.
This is only just the beginning. With V3 on the horizon, a major focus has been put into optimizing DX and ensuring that Balancer is the best place to build new primitives in DeFi.
The future looks bright!
#BuildBetter #UseBalancer
Excited to see more interchain apps connected by Hyperlane ⏩
Meet @cronfinance, a TWAMM bridge that enables users to swap large orders between chains with minimal slippage ⏬
Bridging in DeFi sucks 🤢! Users deposit funds in black holes or wait days to withdraw 😵.
The UX problem increases as thousands of new rollups come online in the modular future 🧩.
Today we're publishing a novel design that is fully on-chain, transparent, & permissionless 🧙♂️.
@MacroMate8@Range_Protocol That's exactly what we were looking for, see (4A) in the image below! It's a great complement for TWAMMs because market makers know the size and duration of the non-toxic flow beforehand 🤯
Just in "Time": Full-Range, see Uni V2
Just in "Tick": Concentrated, see Uni V3
☄️@cronfinance’s Time Weighted Average Market-Making (TWAMM) algorithm enables traders to swap assets over a set period of time for smooth execution.
💰💱Large TWAMM swaps happen when traders are exiting one asset for another in size.
Captured some thoughts ✍️ on our TWAMM development since the protocol launched 100 days ago.
Highlights:
- exploring new frontiers via hooks 🏞️
- increasing capital efficiency & LP rewards💸
- $1M @nounsdao trade 🚀
- vision for protocol🔮
https://t.co/TF7c5ItrKX
The Time Weighted Average Market-Making (#TWAMM) algorithm created by @cronfinance gives users the ability to break down large swaps into small pieces over a fixed duration for a smooth execution against an #AMM.
There are 3 main types of swaps that can occur on a TWAMM 👇
⏰Using Time Weighted Average Market-Making (#TWAMM) algorithm by @cronfinance, users can break down swaps and execute them over a period of time to:
💰 Achieve better execution prices
📉 Minimize impact on the spot prices
Our latest announcement 👇
https://t.co/NnagH5T3El
Happy TWAMM Day 🎂! To celebrate, let's talk about the @nounsdao treasury diversification trade we executed last week on our protocol. In this thread 🧵, we'll cover the reasons to use TWAMMs, and explain how the trader, arbitrageurs, & LPs performed. https://t.co/1nUqBAQVLl
Did someone say TWAMM?!
@cronfinance has streamlined building the innovative Time Weighted Automated Market Maker model using Balancer technology.
Check it out in action!
#BuildOnBalancer