Market Maker Agreement Swaap announces the launch of version 2.
2023-07-10 10:41
Odaily News: Swaap, the market maker agreement, has launched version 2 in response to key challenges faced by liquidity providers, such as impermanent loss. This version supports a market-making model developed in collaboration with the Louis Bachelier Institute, a financial research institution, allowing users to participate in market making and earn profits by investing funds.
According to reports, Swaap v2 integrates aggregators such as ParaSwap, Odos, and OpenOcean. (Chainwire)
As previously reported, in April this year, Swaap announced the completion of a $4.5 million seed round financing led by Signature Ventures, with participation from New Form Capital, C²Ventures, Kima Ventures, Pareto Ventures, Entrepreneur First, as well as angel investors Julien Bouteloup (Stake Capital), Pascal Gauthier (CEO of Ledger), Richard Ma, Meltem Demirors (Coinshares CSO), Frederic Montagnon (Co-founder of Arianee), and Thibaud Elzière (CEO of eFounders).
Swaap aims to build the next generation market maker protocol that utilizes a combination of oracle and dynamic spreads to achieve sustainable returns and reduce transaction costs.
According to reports, Swaap v2 integrates aggregators such as ParaSwap, Odos, and OpenOcean. (Chainwire)
As previously reported, in April this year, Swaap announced the completion of a $4.5 million seed round financing led by Signature Ventures, with participation from New Form Capital, C²Ventures, Kima Ventures, Pareto Ventures, Entrepreneur First, as well as angel investors Julien Bouteloup (Stake Capital), Pascal Gauthier (CEO of Ledger), Richard Ma, Meltem Demirors (Coinshares CSO), Frederic Montagnon (Co-founder of Arianee), and Thibaud Elzière (CEO of eFounders).
Swaap aims to build the next generation market maker protocol that utilizes a combination of oracle and dynamic spreads to achieve sustainable returns and reduce transaction costs.
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