new kind of contract on an AMM protocol? TerraSwap, or Loop?
Limit order. It’s way simpler than a standard AMM. I lock 500 UST, and if LUNA falls to 33, arbitrageurs can sell 15.15 Luna to the contract, less protocol fees. If the contract doesn’t execute in 15 days, the order, cancel and I withdraw my UST.
https://astroport.fi/ try them. They have new AMM coming.
Thank you! But first off, is the idea sh*t do you think? I don’t want to embarrass myself, and the basic contract has been around since the earliest ICO days. Surely someone has thought of adding it to a DEX
I am not well versed in AMM.... 😉
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