Thread by @middlecurver

1/ @carbondefixyz (by @Bancor) are introducing the concept of Asymmetric Liquidity on chain.
Here are some cool stuff you'll be able to do with that🧵
#DefiAlpha

2/ Asymmetric Liquidity is a new form of on-chain liquidity.
It's like the concentrated liquidity concept of Uni V3, only with the option to choose a direction (buy only/sell only).

3/ Instead of providing liquidity to a single curve that trades symmetrically in both directions, users provide liquidity to 2 curves, each trades in one direction, giving more control.

Here's a great video explaining this concept:

4/ Each user contributes their own adjustable bonding curve to carbon, which aggregates all of these curves into a single
continuous function.

5/ Carbon aims to unleash trading and active market-making strategies in DeFi that have historically only been accessible in CeFi, and position DeFi as a true challenger to traditional centralized finance.

6/ Some examples of use cases and strategies:
✅Limit order.
✅Buy low, sell high strategy.
✅Average-In Order (DCAing inside a range).
✅Token Distribution for projects, which want to sell their tokens to the market for a specific price range.

7/ Another interesting aspect is mitigation of MEV, and more specifically "sandwich" attacks, where a genuine transaction is sandwiched between 2 transactions of the attacker.

8/ When using Carbon, the second transaction made by the attacker will potentially happen on another curve, and therefore under vastly different conditions, making this particular attack vector no longer profitable.

9/ For more info:
Website: carbondefi.xyz
Medium: medium.com/carbondefi

10/ Tagging some of my favorite threadooors:
@Slappjakke
@defi_mochi
@0xTindorr
@defiprincess_
@crypthoem
@Chinchillah_
@ViktorDefi
@thedailydegenhq
@2lambro
@TheDeFinvestor
@kindahangry
@korpi87
@ThorHartvigsen
@DefiIgnas