In a daring move that could shift the decentralized finance (DeFi) dynamics on the Solana blockchain, Pumpdotfun, a burgeoning entity in the crypto ecosystem, is developing its own Automated Market Maker (AMM) liquidity pools. Presently in the testing phase at amm.pump.fun, these pools will offer an alternative to existing DeFi platforms such as Raydium, which has emerged as one of the most notable AMM services for Solana-based tokens. Pumpdotfun’s play to build its own liquidity pools, signifying a potential pivot from community-driven fee extraction, is also notable for its AMM’s innovative approach to rendering Solana’s token holders with additional rewards—a
The post Pumpdotfun’s Ambitious Move: Developing Own AMM Liquidity Pools to Empower Token Holders and Increase Fee Revenue appeared first on The Merkle News.
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The perpetual futures platform will issue 10 billion F Tokens as it continues its decentralization.
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PancakeSwap announces its v4 update to improve liquidity provision, interoperability, and scalability, aiming to resolve AMM shortcomings.
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1inch Network expands to another cryptocurrency exchange as KuCoin Wallet integrates its automated market maker functionality to improve token swaps.
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Bancor 3 will feature instant impermanent loss (IL) protection, an unlimited deposit staking pool, and an Omnipool offering a share of fees generated from the entire platform.
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The platform will offer a suite of four assets on Ethereum, and a further five on Polygon.
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According to a recent report, the first trust-less swap between the Bitcoin blockchain and Stacks protocol has been executed. The co-founder of the Stacks protocol, Muneeb Ali tweeted about the native bitcoin swap and said the progress is a big deal. Trust-less Native Bitcoin Swap Executed With an NFT Called ‘Boombox’ On July 23, a […]
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The new AMM will feature four customizable pool options and offer significant capital efficiency for depositors.
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As crypto markets saw some recovery on Tuesday, decentralized finance tokens and applications have once again started swelling in value. Decentralized exchange (dex) trade volumes have increased a great deal, as daily swap volumes stemming from Ethereum-based dex applications have doubled since Monday. Pancakes, Sushi, and Unicorns Decentralized finance continues to astonish, as billions of […]
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Polychain Capital led the derivative DEX’s $14 million Series A round.
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