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Sudoswap: Novel AMM Design for NFTs
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TLDR

  • Sudoswap can be considered as the Uniswap v3 for NFTs. It utilizes a bonding curve similar to Uniswap’s x*y=k and users can buy and sell from AMM pools instead of a single order book like OpenSea.

  • Either a constant, linear, or exponential bonding curve is required for each pool. These parameters will determine how much the price will rise or fall as more NFTs get bought or sold into the pool. Linear curves will increase or decrease by a specific amount of ETH while exponential curves will increase or decrease by a specific % after each buy or sell.

  • Sudoswap allows for the creation of 3 different types of pools:

    • Buy pools will buy NFTs. Users can deposit ETH and receive NFTs as traders swap with the pool.
    • Sell...