AYIN Collective announces Meta Concentrated Liquidity AMM
The AYIN Collective is proud to announce CLAMM has arrived to AYIN DEX!
What’s that? Is it the sound of a freight train approaching? A jet’s engines gearing up for takeoff? A siren alerting all those paying attention to what the AYIN Collective is building? Yes, it is all three. The AYIN Collective is extremely proud to announce that another ALPHa bomb has been dropped in conjunction with our jam-packed roadmap in accordance with our Q4 Meta Fi campaign.
CLAMM will arrive tomorrow on AYIN DEX, the #1 DEX and heart of liquidity on the Alephium chain. Some of you may ask (and remember there are no stupid questions) what even is CLAMM? CLAMM stands for “Concentrated Liquidity Automated Market Maker”.
A CLAMM is a type of AMM (Automated Market Maker) that allows users to trade assets without the need for a centralized order book. Similar to traditional AMMs, CLAMMs use a mathematical formula to determine the price at which trades can be executed based on the amount of liquidity available in the pool. However, unlike traditional AMMs, CLAMMs allow LPs (liquidity providers) to concentrate their liquidity within a specific price range rather than spread it across the entire price spectrum.
Why is AYIN integrating CLAMM in our DEX a game-changer you may ask? CLAMM comes with a lot of pros.
- When compared with traditional AMMs, CLAMMs provide more control over the liquidity of a trading pair, giving LPs the option to specify their exposure to specific price ranges
- LPs are able to concentrate their liquidity within a certain price range, allowing for higher fees and lower slippage when compared with traditional AMMs
- CLAMMs are able to be more resistant to market manipulation
Building CLAMM on AYIN is a testament to our talented development team, but also our testament to building cool and useful products for all of Alephium to enjoy. The more game-changing products we are able to bring to Alephium, the better the user experience, and the more people make the obvious switch to a superior chain (its obvious for many of us early adopters, and will become increasingly so to others in the near future.)
As part of our Meta Fi campaign, the AYIN Collective will continue to drop ALPHa like this release, regularly. The AYIN and Alephium communities deserve the best, user friendly and intuitive products possible and the AYIN Collective will keep innovating and shipping as such. Be on the lookout for what is to come.
JUST$AYIN.
“Our Meta Fi series releases over We-Got-You-Wednesdays are like a conveyor belt of GAME CHAIN-GERS… And releasing Meta CLAMM is no exception. As a young L1 Alephium is playing catch-up to other chains in terms of users, protocols, and DeFi dimensioning. We see our job at AYIN as not only in providing that broad spectrum of tooling users have become accustomed to on other chains — but further, providing those leapfrog plays that really shine light on Alephium prowess at the bleeding edge of DeFi. Adding Concentrated Liquidity as optionality to the AYIN DEX is a massive win for AYIN users. This is the first of many new options for LPs to be able to manage their liquidity as they see fit …and it’s a no brainer as the Alephium ecosystem continues to grow in both liquidity and participants. More optionality is a great thing in terms of providing liquidity, and with the addition of Meta CLAMM we are continuing to do that. This won’t be the final improvement in regards to liquidity optionality for AYIN DEX. Let me stop there before I drop even more ALPHa… JUST$AYIN.” — Walter, AYINs Chief ALPHamist commented.
About AYIN
AYIN is the №1 decentralized exchange and liquidity store on the Alephium L1. It enables its users access to safe and efficient trading of digital assets. With an emphasis on community, it looks to transform the DeFi experience with a rich blend of innovative products that share fees with the platforms users.
AYIN is deeply committed to leading the charge and catalysing growth for the Alephium ecosystem. With a focus on empowering closer partnerships and synergistic growth enablement, the AYIN collective is on a mission to make this revolutionary ecosystem more accessible and mainstream for all.
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