The Ekubo protocol is a new generation AMM on the Starknet ecosystem born with the aim of providing the greatest expertise to consumers. So what is the Ekubo Protocol? Let’s obtain out with Coinlive in the posting under.
What is the Ekubo Protocol?
The Ekubo protocol is a following-generation AMM formulated on Starknet, which utilizes a centralized liquidity model to leverage the positive aspects of Starknet, aiming to give the greatest trading expertise and lowest costs for consumers.
Ekubo focuses on making liquidity, not supplying a direct trading interface to consumers. This implies that other decentralized exchanges (DEXs) can integrate Ekubo to use as a liquidity supply and pricing supplier for their transactions.
Special characteristics of the Ekubo protocol
Optimize fuel costs
The Ekubo protocol utilizes a unique layout named the “till pattern” to mix all of its liquidity pools into a single contract and delay the transfer of tokens amongst pools right up until the finish of the transaction. This implies that consumers only have to have to shell out the charge the moment when they trade assets or update their positions on Ekubo, assisting them conserve on transaction expenditures.
Centralized liquidity
Centralized liquidity permits liquidity companies to focus their liquidity in a unique rate selection. This is a lot more effective than regular liquidity pools, the place liquidity companies ought to spread their liquidity across the whole rate curve.
For consumers, centralized liquidity implies they will be in a position to trade at improved rates. This is for the reason that liquidity companies are incentivized to give liquidity inside the most tradable rate selection.
Extensions
The extension permits third-get together developers to make new pool styles on Ekubo devoid of a license. These pools can integrate into the very same ecosystem of aggregators and interfaces developed on Ekubo. This implies that developers can include new characteristics and performance to Ekubo devoid of obtaining to be concerned about disrupting the present ecosystem.
Roadmap for improvement
The improvement roadmap of the Ekubo protocol is as follows:
- August 2023: Mainnet closed beta launched.
- September 2023: Main network officially launched, integrating two exchanges DEX, AVNU and Fibrous.
- October 2023: Supports restrict orders.
- Quarter 01/2024: Supports TWAMM command.
Development group
The Ekubo protocol improvement group has not been announced by the venture.
Tokenomics
Currently, the Eukubo protocol has no ideas to difficulty tokens.
summary
Through the over overview posting on the Eukubo protocol venture, Coinlive hopes that readers fully grasp the simple info about this venture to make their personal investment selections. I want you a effective investment!