Good morning. ☀️ Waiting for my flight to Singapore for TOKEN2049 and sharing a milestone: I just used Balcore’s first internal working product live on Avalanche mainnet to start market making with Bitcoin. I added AVAX after recording this video.
AMMs let everyday asset holders become market makers and earn trading fees. But you can collect fees and still end up with less than if you simply held your assets. Impermanent loss can outweigh everything you earned. That’s the hard part we believe we’ve cracked at
@Balcore_AI, with an engine designed to keep fees ahead of IL.
We’re validating internally with our own capital before public release. Bitcoin and AVAX are just the beginning. Stocks, gold, and more tokenized markets are the vision.
Be the Market Maker. There is no escape. 🔺
Seems I can upload the file at Arena directly due to file size, adding link if you interested to check more
https://x.com/jonycsarker/status/2106764489492476033