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The New Market Maker System Proposed By Uniswap Founder And Paradigm Developers Can Make Ethereum-Based Large Order Tradings More Efficient
Summary: Time-weighted average market maker, (TWAMM, pronounced "tee-wham"), is a new market maker system for executing large transactions on Ethereum proposed by Uniswap's Hayden Adams, and Dave White, Dan Robinson, two Paradigm developers. Developers believe that most DEXs currently use automated market makers (AMM), liquidity providers create pools of funds that DEX users can trade, which ...
Time-weighted average market maker, (TWAMM, pronounced "tee-wham"), is a new market maker system for executing large transactions on Ethereum proposed by Uniswap's Hayden Adams, and Dave White, Dan Robinson, two Paradigm developers.
Developers believe that most DEXs currently use automated market makers (AMM), liquidity providers create pools of funds that DEX users can trade, which are inefficient and costly for large-scale transactions.
TWAMM proposes a technique used in traditional finance: the order is divided into many smaller batches and executed within a given time frame.
But the idea is still in its early stages. White called on more developers to join the ranks and work together to develop this project.
By Mary Liu
Tags: Ethereum,Paradigm,Uniswap
Link: The New Market Maker System Proposed By Uniswap Founder And Paradigm Developers Can Make Ethereum-Based Large Order Tradings More Efficient [Copy]
