CoW DAO Introduces FM-AMM and Programmatic Order Framework for LP Protection

By CoW DAO
Jan 25, 2024, 6:28 PM
CoW DAOTwitter

CoW DAO has developed a Function-Maximizing AMM (FM-AMM) that eliminates LVR for liquidity providers (LPs) and a Programmatic Order Framework that allows smart contracts to create programmatic orders.​ By leveraging these tools, DAOs can improve treasury management and diversify portfolios.​ CoW DAO plans to supply liquidity to a new COW/ETH FM-AMM by gradually selling COW for ETH, resulting in increased liquidity and no MEV for LPs.​

Sources

CoW native AMMs can protect LPs from LVR while giving users better prices! Is it time to test in prod? Combining an FM-AMM with the Programmatic Order Framework allows CoW DAO to automatically LP COW/ETH via programmatic orders. ...wait, what?

Andrea Canidio
Andrea Canidio
@AndreaCanidio

馃専 Major Milestone Alert! 馃殌 The launch of FM-AMM (also known internally as CoWAMM), is one step closer! This was a fantastic journey: from the fundamental research with the invaluable @robin_ethz, to figuring out how to bring it to reality. #CowSwap #MEV #AMM

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