PropellerHeads
511 posts

PropellerHeads
@PropellerSwap
Building the trustless trade supply chain. Turbine: https://t.co/70KMacRaKt - large trades at low spread Fynd: https://t.co/weCum8JMCM - local dex routing




Ethereum is the Future of Finance In this episode of Deeply Intents I chat with @haikane, founder of @propellerswap. The recording (🎤, 🎧), breaks down PropAMMs: what they are and how they evolve the market microstructure on Ethereum main-net. But that's not the crescendo. 𝆒🎶🎶🎵 🤨 We also unpack the Propeller stack -- Tycho, Fynd, and Turbine -- a sovereign trading stack for Ethereum. 🤯 The episode would not be complete without a few Spicy takes 🥵. In particular, builder centralization and batching in DeFi. Please note, the propeller stack is Open Source. 🔥 Timestamps 0:00 - Setting the stage 1:11 - What is a PropAMM? 3:24 - Solana PropAMMs vs Ethereum PropAMMs 4:56 - RFQ Systems in comparison 6:44 - PropAMMs solve many issues 8:17 - Offchain actors set parameters on a curve 10:05 - How PropAmms impact onchain routing 14:31 - AMMs *can* provide better prices than a makers 16:34 - PropAMMs and market microstructure 20:32 - Ethereum is a coordination layer 25:48 - Building a self-sovereign trading stack 30:16 - Advantages of open source 31:38 - Fynd turns Tycho into a DEX aggregator 37:10 - Listening to developer feedback 39:31 - Local routing is 100x faster 45:01 - Fynd is customizable 46:50 - Turbine solves problems for large traders 49:20 - Inspiration for Turbine 50:24 - Trades settle in batches 53:45 - Confidentiality, Transparency, & TEEs 57:06 - Turbine is a mixture of many things 56:30 - Open source can be very good business 59:51 - Spicy prediction on DeFi 1:03:44 - Ethereum is the model to follow






Now live on @PropellerSwap Their solvers search, we fill Live prices, no stale pools





