The Price Discovery Vampire Attack

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liquidity scarce high-line demand so you as a supplier of liquidity should be charging more for liquidity and vice versa periods where the market's pretty flaps it there's a lot of liquidity there's not much demand people don't aren't really trading. We've done it all at a price discovery vampire attack um in the sense that like the uni markets are doing the hard work for us there. That's kind of phase one phase two is we want to actually start looking at where does order flow originate from and not all sorts order flow or equally toxic.

Doug Colkitt joins us to discuss how AMMs can limit toxic flow, maximize capital efficiency and become primary venue for price discovery. We cover the design of Ambient, the benefits of a single contract DEX, how dynamic fees benefit LPs, strategies to reduce toxic flow, balancing the incentives of makers vs takers, why Unsiwap dominates and more!

And as usual, we start the episode with our analyst bullpen to discuss Polygon's ZK announcement, the Cosmos Hub's momentum, SAP's crypto announcement, the convergence of rollups and appchain design,

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Timestamps:

(00:00) Introduction

(00:58) Hot Seat/Cool Throne

(36:20) Interview Start: The AMM Landscape

(44:19) Ambient’s Single Contract DEX

(47:54) How Lower Gas Fees Impact Toxic Flow

(50:17) Ambient’s Dynamic Fee Design

(58:54) The Uniswap v4 Announcement

(59:56) Balancing Incentives for Makers vs Takers

(1:04:20) Surplus Collateral Positions and Gasless Trades

(1:08:41) Will Retail Flow Default to DEX Aggregators?

(1:09:56) Ambient’s Governance Structure and Hooks

(1:16:00) Knockout Liquidity

(1:20:14) On-Chain Price Discovery and Latency

(1:28:42) Why is Uniswap Crushing Everyone Else?

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Today’s episode is brought to you by the Atom Accelerator, now offering grants to build out the ATOM economic zone! It's the perfect time to build with Cosmos and join the thriving ATOM ecosystem. With Interchain Security live, and the power of IBC connecting the interchain, builders are flocking to Cosmos. Join the ranks of Neutron, Lido, Astroport, Gitcoin, Mars and numerous other projects harnessing Cosmos’ leading infrastructure. Discover how to secure a grant from the Atom Accelerator by visiting https://www.atomaccelerator.com/ today!

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Resources:

Ambient

https://us.ambient.finance/

https://twitter.com/ambient_finance

SAP's USDC payment announcement

https://blockworks.co/news/sap-touts-blockchain-solution-payments

Dualty's Cosmos Hub RS proposal

https://forum.cosmos.network/t/proposal-draft-launch-duality-on-replicated-security/10932

Modular vs Monolithic Twitter thread

https://twitter.com/digitalmustafa/status/1672301896584040449

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Disclaimer: Nothing said on 0xResearch is a recommendation to buy or sell securities or tokens. This podcast is for informational purposes only, and any views expressed by anyone on the show are solely our opinions, not financial advice. Dan, Sam, and our guests may hold positions in the companies, funds, or projects discussed.