Uniswap creator and Paradigm developers create a way to improv | NFT Token

Uniswap creator and Paradigm developers create a way to improve deals

Uniswap creator Hayden Adams and two Paradigm developers, Dave White and Dan Robinson, are creating a market maker system to execute large transactions on Ethereum.

According to White's tweet and an article posted on Paradigm's website, the idea is to create what they call a time-weighted average market maker, or TWAMM.

Currently, most DEXs use automatic market makers (AMMs), where liquidity providers create pools of funds that DEX users can trade with. But the paper argues that they are inefficient and expensive for large trades.

Instead, it proposes a method used in traditional finance: splitting orders into many smaller pieces and executing them over a period of time.

"We've sketched out the design of TWAMM, but our work is just beginning," White added.