Over the last few months, the Danu team has done extensive research, and we've got 17 papers/articles in the pipeline.
We will be sharing those with the community starting next week!
Here is some info on the papers I am most excited about 🧵👇 1) NFT Market making
MM for NFTs differs from crypto as there is no layered order book structure and a long expected duration between transactions. We present a quantitative approach to compute MM prices where we model NFT price dynamics and view it through embedded optionality.
Sep 5, 2022 • 12 tweets • 6 min read
Introducing Granular: the next generation NFT AMM.
It’s on-chain, gas-efficient and preserves the NFT value (doesn’t demote assets in the pool to the floor price).
A brief description 👇🧵
Let’s start with AMMs for fungible tokens. In a @Uniswap or @SushiSwap pool, you have two fungible tokens (e.g. ETH and DAI). Each token has the same value, I can buy or sell fractions of these tokens, and the price is decided by a bonding curve: x*y = k