Recoil

Reversion pricing for AMMs on @robinhoodapp. Derived from StablePair, generalised to any pair.

[Recoil @recoilpool]

What if the price really moves?

Then nobody closes the drift. The fee decays to the floor. After 32 blocks the new price becomes the reference.

A real move costs nothing. Only the recoil pays.

[Recoil @recoilpool]

Reference price, tight band, free to widen, auctioned to close. It only works for pegged pairs.

RECOIL uses the block-open price as the reference instead of a peg.

Same auction. Any pair.

[Uniswap @Uniswap]

https://t.co/vCux4blue9

[Recoil @recoilpool]

18204911 [+] FREE buy 50.000 WETH fee 0 bps
18204911 [+] FREE buy 10.000 WETH fee 0 bps
18204911 [$] AUCTION sell 60.000 WETH fee 47 bps
# sandwich detected. attacker net: -0.31 WETH

RECOIL.