AYIN Strengthen Meta Fi Series with launch of Meta DEX Layer

AYIN Fintech
6 min readNov 20, 2024

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The AYIN Collective continues it’s journey of bleeding edge innovation with it’s launch of the Meta DEX Layer — a first of its kind — you-choose-DEX-mode.

Say Hello to the AYIN Meta DEX … and perhaps the need for some introduction: A MetaDEX is a smorgasbord of all different types of DEX modes, brought into one, where the user can choose.

This is not only revolutionary for the Alephium ecosystem, but also for the entirety of the crypto space. The AYIN Dev teams vision of abstracting these different DEX models all into one interface, (and coded at an unbelievable pace), is testament to their skillset and tenacity, and further underwrites AYINs commitment to the Alephium ecosystem.

You may ask yourself, what’s the point of a MetaDEX and what can it do for me?

Increased optionality. By splitting the options for users into “beginner mode” and “advanced mode” we are able to cater to each of our users own personal experience levels to provide the best possible trading experience.

A little bit of context may be helpful: AMM’s are (relatively) new — 2018 saw the DEX space pick up momentum with the advent of the first popular AMM DEX, that we all know well; Uniswap. Their platform changed the way people thought about peer-to-peer trading by introducing the concept of decentralised liquidity pools and pricing curves. Uniswap was in part responsible for helping to fuel a Cambrian explosion of crypto asset trading using AMM’s.

Since those early days the DeFi space has witnessed a boom in AMM platforms, and this has often accompanied by new innovation creating more optionality and new models, giving users more efficient trading tools, better liquidity algorithms, and even giving users a $AYIN where they want those yields to be directed (voting escrow model).

Typically, an AMM will choose a model and build their DEX out on that formula. We think different! The Meta DEX concept is about abstracting all those different types of models and options and bringing it all under one roof — letting the user choose based on their competences and preferences how they would like to trade.

The AYIN MetaDEX will initially go live with the options currently available on AYIN classic (single sided and double sided) but also with Uni V3 (Meta CLAMM)! As the Meta Fi rollout continues we will further augment the modes with a Curve V1 stablecoin model and a Vote Escrow (ve) model also coming in the near future.

So why does this matter and how can Alephium users benefit? — The Meta DEX represents a shift in how liquidity is provided and traded within the ecosystem. Let’s dive deeper into the unique offerings and future potential of each DEX mode that Meta DEX brings to the table:

CLAMM — Concentrated Liquidity Automated Market Making (Uni V3)

CLAMM allows liquidity providers (LPs) to focus their funds within specific price ranges. This means your liquidity can do more work in ranges where it’s most needed, leading to better capital efficiency and fewer instances of slippage.

With CLAMM, AYIN is poised to attract a sophisticated set of LPs seeking tools that can offer them more control and higher returns on their positions.

Curve V1 Stable Swap Invariant

The Curve V1 AMM (Automated Market Maker) is designed specifically for stablecoins or assets with similar prices, like USDT and USDC. It uses a unique formula to concentrate liquidity around their stable price range, minimizing slippage and maximizing efficiency for trades.

The core to understanding Curve’s innovation lies in the StableSwap invariant, the concept that combines elements from two other invariants: the constant sum invariant and the constant product invariant. (An invariant is a quantity in the formula that remains constant)

veAMM Voted Escrowed AMM

Voted Escrow (ve) enables users to lock their tokens for a period of time, in return gaining greater influence over governance decisions and higher staking rewards.

By participating in ve, lockers solidify their long-term commitment to the platform, while decreasing sell pressure on the AYIN token.

Single-Sided (Easy Mode)

This mode enables users to provide liquidity with just one type of asset, reducing exposure to impermanent loss (IL), which is common in traditional double-sided LPs.

Single-sided provision is ideal for beginners or those who prefer simplicity, without having to worry about ratio management or IL.

Having the option of single-sided liquidity makes Ayin more accessible to a broader, more “beginner” audience, expanding the platform’s reach.

Double Sided (Uni V1 / V2)

On the other hand, this mode involves LPs adding two types of assets, supporting balanced liquidity pools.

Participants in this mode are often rewarded with a higher proportion of transaction fees due to providing liquidity in a more volatile, risk-prone setting. Beyond the user demographic reached by Easy Mode, Advanced Mode attracts more experienced LPs, ensuring AYIN remains a top choice for more serious DeFi participants.

One of the biggest prizes to AYIN that Meta Fi strategy and the Meta DEX layer gives to the platform is FUTURE PROOFING and SUSTAINABILITY.

THIS REALLY IS HUGE!

The new AYIN Collective have been behind the wheels of AYIN for just 9 months now — honestly we are just getting started — what the Meta Fi abstraction layers provide us is open skies — the ability to augment and add new optionality for our users in a really friction free manner — Weighted AMM models, Dynamic AMM models — these too are all now on our horizon.

The best is yet to come. We told you we will rub shoulders with the VERY BEST DEFI platforms in the space. We are not in the habit of disappointing!

AYIN is not just changing the game; it’s setting new rules. Looking into the future of Meta Fi, we see endless possibilities where each update brings us closer to a more inclusive, efficient, and groundbreaking engaging and intuitive trading experience.

Stay tuned and stay close as we journey through the Meta Fi.

The launch of the AYIN Meta DEX layer embodies exactly where we want to see the Alephium ecosystem UX evolve to. Optionality for users, whether new or advanced, is the exact type of experience we want to provide as Alephium transitions into the mainstream consciousness. For Alephium to be able to service the next hundreds of millions to billions of users, products like the AYIN Meta DEX are necessary to see this push. While we are ecstatic to see the MetaDEX go live, this is just the beginning of all the releases we have planned for AYIN and Alephium as a whole. Stay tuned. JUST $AYIN.— Walter, AYIN’s 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.

For media and marketing inquiries, please contact: marketing@ayin.app

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