EQUATION
  • Whitepaper v3
    • Introduction
    • Pricing Mechanism
    • Funding Rate
    • Liquidity Providers
    • Tokenomics
      • EQU (Equation)
      • EFC (Equation Founders Club)
      • Equation DAO Governance Model
  • Whitepaper v2
    • Overview
    • Introduction
    • Pricing Mechanism
    • Funding Rate
    • Liquidity Providers
    • Fee and Leverage Tiers
      • Trading Fee Distribution
    • Tokenomics
      • EQU (Equation)
      • EFC (Equation Founders Club)
      • Equation DAO Governance Model
  • Whitepaper
    • Overview
    • Pricing Mechanism
    • Funding Rate
    • Liquidity Providers
      • Temporary Loss vs. (Traditional) Impermanent Loss
    • Risk Buffer Fund
      • Contribute Liquidity to RBF
    • Tokenomics
      • EQU (Equation)
      • EFC (Equation Founders Club)
      • Equation DAO Governance Model
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  • Equation: Balance Rate-Based AMM for Perpetuals (v2 Core)
  • Abstract
  1. Whitepaper v2

Overview

Equation: Balance Rate-Based AMM for Perpetuals (v2 Core)

December 2023

Abstract

Equation has introduced the Balance Rate Market Maker (BRMM), a novel Automated Market Maker (AMM) model for perpetual contracts. The enhanced version, Equation v2, refines this algorithm, further improving market-making efficiency and the risk-hedging capabilities for liquidity providers (LPs) while eliminating the Risk Buffer Fund.

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Last updated 12 months ago