Matches in SemOpenAlex for { <https://semopenalex.org/work/W3167092767> ?p ?o ?g. }
Showing items 1 to 90 of
90
with 100 items per page.
- W3167092767 abstract "The asset trading volume on blockchain-based exchanges (DEX) increased substantially since the advent of Automated Market Makers (AMM). Yet, AMMs and their forks compete on the same blockchain, incurring unnecessary network and block-space overhead, by attracting sandwich attackers and arbitrage competitions. Moreover, conceptually speaking, a blockchain is one database, and we find little reason to partition this database into multiple competing exchanges, which then necessarily require price synchronization through arbitrage. This paper shows that DEX arbitrage and trade routing among similar AMMs can be performed efficiently and atomically on-chain within smart contracts. These insights lead us to create a new AMM design, an Automated Arbitrage Market Maker, short A2MM DEX. A2MM aims to unite multiple AMMs to reduce overheads, costs and increase blockchain security. With respect to Miner Extractable Value (MEV), A2MM serves as a decentralized design for users to atomically collect MEV, mitigating the dangers of centralized MEV relay services. We show that A2MM offers essential security benefits. First, A2MM strengthens the blockchain consensus security by mitigating the competitive exploitation of MEV, therefore reducing the risks of consensus forks. A2MM reduces the network layer overhead of competitive transactions, improves network propagation, leading to less stale blocks and better blockchain security. Through trade routing, A2MM reduces the predatory risks of sandwich attacks by taking advantage of the minimum profitable victim input. A2MM also offers financial benefits to traders. Failed swap transactions from competitive trading occupy valuable block space, implying an upward pressure on transaction fees. Our evaluations shows that A2MM frees up 32.8% block-space of AMM-related transactions. In expectation, A2MM's revenue allows to reduce swap fees by 90%." @default.
- W3167092767 created "2021-06-22" @default.
- W3167092767 creator A5037118069 @default.
- W3167092767 creator A5047509636 @default.
- W3167092767 creator A5063253761 @default.
- W3167092767 date "2021-06-14" @default.
- W3167092767 modified "2023-09-25" @default.
- W3167092767 title "A2MM: Mitigating Frontrunning, Transaction Reordering and Consensus Instability in Decentralized Exchanges" @default.
- W3167092767 cites W1540442590 @default.
- W3167092767 cites W1907293129 @default.
- W3167092767 cites W1980357909 @default.
- W3167092767 cites W2054535158 @default.
- W3167092767 cites W2057248704 @default.
- W3167092767 cites W2058897176 @default.
- W3167092767 cites W2076231812 @default.
- W3167092767 cites W2411042236 @default.
- W3167092767 cites W2508339054 @default.
- W3167092767 cites W2535029869 @default.
- W3167092767 cites W2536325433 @default.
- W3167092767 cites W2604844934 @default.
- W3167092767 cites W2620904645 @default.
- W3167092767 cites W2767855054 @default.
- W3167092767 cites W2783808332 @default.
- W3167092767 cites W2794657757 @default.
- W3167092767 cites W2807754666 @default.
- W3167092767 cites W2886706106 @default.
- W3167092767 cites W2902629989 @default.
- W3167092767 cites W2911456131 @default.
- W3167092767 cites W2938920845 @default.
- W3167092767 cites W2950226614 @default.
- W3167092767 cites W2953490600 @default.
- W3167092767 cites W2964809090 @default.
- W3167092767 cites W2969915801 @default.
- W3167092767 cites W2971234917 @default.
- W3167092767 cites W2984747683 @default.
- W3167092767 cites W2986978885 @default.
- W3167092767 cites W3009501047 @default.
- W3167092767 cites W3120405143 @default.
- W3167092767 cites W3122971414 @default.
- W3167092767 cites W3123998123 @default.
- W3167092767 cites W3124927426 @default.
- W3167092767 cites W3125817955 @default.
- W3167092767 cites W3131752494 @default.
- W3167092767 cites W3137707325 @default.
- W3167092767 cites W3152829963 @default.
- W3167092767 doi "https://doi.org/10.48550/arxiv.2106.07371" @default.
- W3167092767 hasPublicationYear "2021" @default.
- W3167092767 type Work @default.
- W3167092767 sameAs 3167092767 @default.
- W3167092767 citedByCount "3" @default.
- W3167092767 countsByYear W31670927672021 @default.
- W3167092767 countsByYear W31670927672022 @default.
- W3167092767 crossrefType "posted-content" @default.
- W3167092767 hasAuthorship W3167092767A5037118069 @default.
- W3167092767 hasAuthorship W3167092767A5047509636 @default.
- W3167092767 hasAuthorship W3167092767A5063253761 @default.
- W3167092767 hasBestOaLocation W31670927671 @default.
- W3167092767 hasConcept C10138342 @default.
- W3167092767 hasConcept C144133560 @default.
- W3167092767 hasConcept C160623529 @default.
- W3167092767 hasConcept C199360897 @default.
- W3167092767 hasConcept C31258907 @default.
- W3167092767 hasConcept C38652104 @default.
- W3167092767 hasConcept C41008148 @default.
- W3167092767 hasConcept C75949130 @default.
- W3167092767 hasConceptScore W3167092767C10138342 @default.
- W3167092767 hasConceptScore W3167092767C144133560 @default.
- W3167092767 hasConceptScore W3167092767C160623529 @default.
- W3167092767 hasConceptScore W3167092767C199360897 @default.
- W3167092767 hasConceptScore W3167092767C31258907 @default.
- W3167092767 hasConceptScore W3167092767C38652104 @default.
- W3167092767 hasConceptScore W3167092767C41008148 @default.
- W3167092767 hasConceptScore W3167092767C75949130 @default.
- W3167092767 hasLocation W31670927671 @default.
- W3167092767 hasOpenAccess W3167092767 @default.
- W3167092767 hasPrimaryLocation W31670927671 @default.
- W3167092767 hasRelatedWork W1509482838 @default.
- W3167092767 hasRelatedWork W2081336949 @default.
- W3167092767 hasRelatedWork W2130966263 @default.
- W3167092767 hasRelatedWork W2157920827 @default.
- W3167092767 hasRelatedWork W2725098022 @default.
- W3167092767 hasRelatedWork W2929716001 @default.
- W3167092767 hasRelatedWork W2976436416 @default.
- W3167092767 hasRelatedWork W2997738523 @default.
- W3167092767 hasRelatedWork W3046929440 @default.
- W3167092767 hasRelatedWork W4205335195 @default.
- W3167092767 isParatext "false" @default.
- W3167092767 isRetracted "false" @default.
- W3167092767 magId "3167092767" @default.
- W3167092767 workType "article" @default.