March 18, 2022, 1:20 a.m. | Aleksei Pupyshev, Ilya Sapranidi, Shamil Khalilov

cs.CR updates on arXiv.org arxiv.org

In this paper, we will consider a governance token pricing algorithm that
conducts liquidity operations on AMM (CPMM) DEXs (automated market maker
decentralized exchanges) with liquidity that belongs to a decentralized
autonomous organization (DAO), also called protocol-owned liquidity (POL). The
primary aim of the protocol is maintaining a price peg by determining
algorithmically when and how to carry out interventions that consist of two
steps: extracting liquidity from an AMM liquidity pool and conducting "token
swap" operations. We will cover …

dao governance token

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