1/X We are proud to announce we are finally publicly launching our Constant Mean Market Maker (CMMM) onto Devnet (aftermath.finance). Here is a thread on how our CMMM plays a part on Aftermath. 🧵
2/X A CMMM overcomes the limitations of Constant Product AMMs by allowing for arbitrary-weighted pools with sizes greater than two. This serves multiple purposes for us here.
3/X First, by launching on Sui, we believe we can deliver the best experience for newly-launched, low-liquid tokens.
4/X Second, by allowing for multiple tokens in a pool we can combat fragmentation in the market. For example, instead of creating three separate 2-asset pools between the tokens SUI/USDC/AF and splitting the liquidity equally, we can create one 3-asset pool.
5/X This will be huge for the amount of wrapped-assets we expect to be on Sui; with Wormhole, Layer Zero and Axelar all bridging similar liquidity into Sui, we will be able to efficiently pool this liquidity into one CMMM instead of being fragmented across multiple 2-asset pools.
6/X Third, the ability for granular weighting of assets means we can create pools that maintain more interesting value distributions.
7/X This will enable us to use our CMMM as a building block to create decentralized indices, and later portfolio management systems, to not only track, but to allow access to unified yield.
8/X Want to find out more about Aftermath? Join our discord: discord.gg/KvVCAauXk5 We already have new features in the works so stayed tuned over the next couple of weeks as we roll those out! #Sui #SuiNetwork #SuiEcosystem #Suinami
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