Dec 21, 2021How KMM Swap mitigates Impermanent lossThe main risk of KMM to liquidity providers is still impermanent loss. For example, in the BTC-USDT trading pair, a user provides BTC to the LP. His BTC may be exchanged, partially or entirely, to USDT. When BTC price rises compared to the initial price when he deposited, he will…3 min read3 min read
Dec 16, 2021Impermanent loss explanationIf you follow us in our previous blogs such as KMM Swap: What’s the difference? you may already know that reducing impermanent loss to liquidity providers (LPs) is an advantage of KMM Swap. Impermanent loss is a risk that any AMM can barely avoid. …4 min read4 min read
Dec 9, 2021How KMM Swap provides extremely low slippage to tradersHi everyone, in a previous article KMM Swap: What’s the difference? we have introduced the advantage of KMM Swap to products that use the CFMMs model and briefly explained how KMM can offer low slippage, high capital efficiency and low impermanent loss. …Hidden Gems3 min readHidden Gems3 min read
Dec 2, 2021#dev DeFi demo has been launched on Cronos TestnetWe are thrilled to announce that #dev DeFi will join the Cronos Hackathon. A demo version of #dev DeFi has been deployed on Cronos Testnet and is ready for Cronos users to have their first impression of the product. The demo version is functioning as well as the version that…2 min read2 min read
Nov 18, 2021Time-locking staking functionTo ensure the long-term sustainability of the liquidity, tokenomics, and governance of KMM, we introduce the concept of time-locking similar to that of Curve for both LP tokens and KMM tokens. Time-locking periods range from 1 week to 4 years. To receive KMM tokens, liquidity providers must stake their LP…Cryptocurrency2 min readCryptocurrency2 min read
Nov 10, 2021KMM utilizes capital 40 times better than the Constant product modelPresented in our previous article: Motivation to build KMM Swap, KMM Swap aims to solve the current pitfall of the Constant product model: x*y=k. The swap leverages on Chainlink decentralized price oracle and a new capital distribution model to provide: 1. High capital efficiency to liquidity providers, 2. Low impermanent loss to…3 min read3 min read
Nov 9, 2021KMM’s RoadmapQ2, 2021 — DONE Market research. R&D AMM models, mechanism, and mathematic fundamentals. Validate the new AMM model. Contacting Chainlink team for decentralized price oracle service. Q3, 2021 — DONE Validating business model. Designing product UX/UI. Tokenomics research. Creating smart contract architecture. Building KMM Swap testnet version on Binance Smart Chain testnet. Stress test smart contracts.Kmm Swap1 min readKmm Swap1 min read
Nov 8, 2021KMM tokenomics: Mining difficulty increasing over timeHi all, glad to have you here! #dev DeFi team has announced our upcoming project KMM Swap and introduced its innovative mechanism for a few days. Now it’s time for us to look at another vital factor of a project, KMM tokenomics. For anyone who hasn’t had an idea of…Kmm Swap4 min readKmm Swap4 min read
Nov 6, 2021KMM Swap: What’s the difference?KMM Swap is estimated to be launched on the Christmas of 2021, promising to be the next innovative product on Binance Smart Chain ecosystem, KMM Swap aims to solve the current pitfalls of Constant Function Market Makers (CFMMs) in which Uniswap V2 is a typical example with the famous formula…Binance Smart Chain5 min readBinance Smart Chain5 min read
Nov 5, 2021MotivationWe’re thrilled to introduce KMM, an upcoming AMM product from #dev DeFi team, for the first time! To introduce the project KMM Swap, I suppose there is no better way than sharing the motivation that brought the idea of KMM to us and pushed us to build it. Uniswap is…Binance Smart Chain2 min readBinance Smart Chain2 min read
