xGov-80 approved: Scholtz & Co to build a concentrated liquidity AMM for a 300,000 allocation
The xGov-80 proposal was approved on 7 February 2024. Scholtz & Co will develop a concentrated liquidity Automated Market Maker (AMM) on the Algorand network under a 300,000 allocation.
The concentrated liquidity design differs from traditional AMMs by allowing liquidity providers to place their capital within specific price ranges rather than across the full price curve. The proposal states this will yield improved swap quotes for users and higher returns for liquidity providers.
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