Technical Overview
Goat Trading is based on Uniswap V2 but includes functionality specific to the protocol. The main extra functionality is:
MEV protection
Bootstrapping liquidity (starting pools with virtual Ether and raising it as the token is traded)
Vesting protection
All fees taken in Ether and separate from liquidity (lps can collect lp fees without burning lp token)
Liquidity locks for initial liquidity provider (Not just initial lp but minimum for others as well inorder to restrict bad lps from fees sandwiching)
A βtakeoverβ function that allows teams to reset a pool that a griefer made
Pairs are created against eth(weth)
We have also removed:
TWAP
Other than these, algorithmic functionality should be the same as Uniswap. The x * y = k equation should always be used, although k will be adjusted once a pool goes from bootstrapping period to the main period. This will result in a loss of liquidity.
Last updated