QuantAMM is building on Balancer V3!
The team at Balancer Grants SP is excited to announce our latest grantee QuantAMM, to integrate their temporal function market making pools into Balancer V3. The grant will cover development work to enable the QuantAMM protocol to run on Balancer V3 with the ultimate goal to release innovative QuantAMM Blockchain Traded Fund products as part of their Balancer V3 launch partnership.
The grant will cover, at least, the following development work:
- QuantAMM strategy runner
- QuantAMM trading function hooks
- QuantAMM Balancer V3 base pools and admin functions
- Advanced G3M Multiblock MEV protection features and optimal rebalancing features
- Exploration of more general time decay based withdrawal fee hooks
- Audit costs and fixes
How does the grant aim to provide value to the Balancer Ecosystem?
The grant will deliver one of the first new pool types for Balancer V3: one that can be integrated with future Balancer V3 hooks, LVR mitigation fee structures and advanced yield features.
Dynamic weights have the ability to make pools more effective and combat LVR for LPs. As a result, QuantAMM pools should have a higher TVL than static pools, leading to lower slippage, which should increase liquidity depth and trading volumes.
The deliverables of this grant include contracts and audit results for deployment on top of Balancer V3.
“QuantAMM is building products that are well suited to showcase the advantages of Balancer V3 and their take on “BTFs” will leverage more advanced strategies vs index funds that have not been well adopted in DeFi. We look forward to seeing how these bring value to the ecosystem”
— Burns, Balancer Grants Committee
“We are excited to receive a Balancer grant to bring QuantAMM to Balancer V3. The integration will allow implementation of our advanced G3M features, while Balancer provides all the foundations that work best with an already established leading ecosystem.”
— Christian Harrington, co-founder QuantAMM
About QuantAMM
QuantAMMs initial set of products are dubbed Blockchain Traded Funds, BTFs. These AMM pools position the weights of the pool to best take advantage of current underlying price movements. If Ethereum is going up in value and Bitcoin isn’t, you want to be holding as much Ethereum as possible inside the pool, so the LP is not just making returns on fees but also on the holdings themselves. QuantAMM does this in a continuous, responsive way with advanced, fully on-chain TradFi style strategies. Themed exposure pools with a range of known strategies will provide LPs with a low overhead, high sophistication portfolio allocation option that surpasses unresponsive, low-reward index products. This approach also means LP avoids vault-like products where they have to trust off-chain managers with unclear strategies and exposures.
About Balancer Grants
The BAL Grant program is one way Balancer DAO promotes the development of the Balancer Protocol and Ecosystem.
The BAL Grant program provides support and funding ($1K — $100K) to projects committed to supporting Balancer Protocol in achieving its mission to become the number one source for Decentralized exchange trades. This program is a good fit for individuals and groups that want to run a project that builds technology or resources on the Balancer Protocol.
Apply now!
If you are interested in supporting the development of the Balancer Ecosystem or want to build on top of the Balancer Protocol, this is your chance! Get started by filling in the Grants Application form. You can also check out our RFP page for inspiration!
For further questions about how the Grants Program works, check out the grants page, follow us on X, or send an email to grants@balancer.community.
