What Is Teddy Doge (TEDDY)?
Teddy Doge is a community-driven organization built to solve what might be called the “One-stop full-featured decentralized exchange.” Teddyswap progress is intended to create a broader range of network effects. Rather than limiting itself to a single solution, Teddyswap intertwines many decentralized markets and instruments. Thus far, the core products, which will be described in more detail here, include swap, aggregate transactions,liquidity,Farm,15 mainstream chain transactions, 15 mainstream crosschain,15 mainstream chain chart system,Token and liquidity multi-scheme locking,TeddyWallet and derivatives.
Teddy Doge products are configured in a way that allows the entire platform to maintain decentralized governance of TEDDY token holders, while continuing to innovate on the collective foundations by design. Whereas major structural changes are voted on by the community, the day-to-day operations, re-balancing of pools and ratios, business strategy, and overall development is ultimately decided on by your Teddyswap team. TeddySwap is an automated market-making (PMM) decentralized exchange (DEX) currently on the blockchain. In addition to DEX, TeddySwap involves a collection of governance, operations and reward contracts that help grow the TeddySwap ecosystem and utilization.
Teddy Doge Storage Key Points
|Coin Name||Teddy Doge|
|Source Code||Click Here To View Source Code|
|Explorers||Click Here To View Explorers|
|Twitter Page||Click Here To Visit Twitter Group|
|Whitepaper||Click Here To View|
|Official Project Website||Click Here To Visit Project Website|
A Universal Liquidity Framework
Markets contain huge amounts of information that represent buyers and sellers’ sentiments and valuation of assets. In essence, a market reacts to changes in available information and requires sophisticated mechanisms to do so efficiently when the amount of data is very large. In a blockchain context, building a mechanism that incorporates all the important information needed for market making and is also able to operate quickly and dynamically within current technological constraints is not an easy task, and requires a prioritization of different kinds of market information.
To keep our market-making algorithm running smoothly and efficiently,Teddy Doge need to boil the vast sea of market information down to its most crucial core metric. So, what is a market’s “most important metric”? The answer is liquidity. Liquidity can be graphically represented by a market depth chart, as shown below. A depth chart consists of two roughly triangular (though not necessarily symmetrical) shapes, representing bids (buy orders) on the left and asks (sell orders) on the right, along the price x-axis and the depth y-axis. The two triangles can be mathematically described by two parameters, mid price and slope, or how “steep” the triangle is.
Proactive market making with external price guidance
For mainstream assets, such as BTC and ETH, external markets have much higher volumes and are thus a price source for other platforms from which to retrieve market prices. PMM is capable of proactively adjusting these fetched mid prices to minimize impermanent loss (IL) and achieve higher capital efficiency than AMM platforms. Teddy Doge This mechanic also means unlocking single-token liquidity provision — market makers are not forced to deposit tokens Uniswap-style.
Low barrier-to-entry automated market making
This use case mainly applies to long-tail asset markets (i.e. predominantly newly
issued assets with little sell-side liquidity on AMM platforms). PMM can help these
assets with the initial liquidity they desperately require for their long-term growth and sustainability. Teddy Doge With PMM, asset issuers do not need large amounts of capital on standby to pair up with their assets when initializing liquidity pools.
For instance, if a team wants to issue their token X on PMM, they have the option to initialize liquidity with 100% X and 0% stables or ETH. This drastically reduces the barrier-to-entry for smaller projects. In this use case, PMM gives the pricing power to takers entirely — makers have no control over the price discovery mechanic whatsoever.