Next generation concentrated liquidity AMM on Metis. Think Uniswap V3 with Velodrome tokenomics
Aug 31, 2022 • 11 tweets • 3 min read
While we're working on finalizing our docs, we would like to take a moment to write about what exactly we are building on $METIS and how we aim to enhance the model of #DeFi's concentrated liquidity AMM! 🌿
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1/ Concentrated liquidity AMMs are a new primitive of the AMM model built by Uniswap in their third iteration of their protocol, Uniswap V3.
This new primitive is built around concentrating liquidity in a specific price range to extract higher fees than traditional AMMs.