aaddy
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Blockchain Developer @BlocSoc IITR | intern at @0xfluid | UG at IIT Roorkee
Joined August 2021
4 Years of BlocSoc IITR! 🚀 Four years ago, BlocSoc IITR began with a simple goal to explore the potential of blockchain and create a space for curiosity, learning, and innovation. Since then, it’s been an incredible journey filled with ideas turned into action, discussions
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Wrapped up our Intro Talk for the 2025-26 freshers! 🚀 From what we do to what’s coming next and of course, how you can join us. Exciting times ahead! ❤️
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9/ Didn’t win at the @ETHGlobal New Delhi 😅 — but we learned a ton and validated the concept with data. If you care about MEV & LP returns, check it out and build with us.
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8/ We built a working demo & ran simulations: 📈 graphs showing LP vs manager PnL 🧪 parameter tweaks (fees, rent, volatility) 💻 open source: https://t.co/OiIRmGCd9Z Find everything here👆
github.com
Contribute to VeerChaurasia/eth-global development by creating an account on GitHub.
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7/ For LPs: just deposit & chill. For traders: same UX, competitive fees. For builders: a new primitive to fix LP yield without killing composability.
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6/ Key ideas from the paper: 🏷️ English Auction — anyone can bid to be pool manager 🏷️ Harberger Lease — slot always contestable, pay rent or lose it ⚡️ Dynamic Fees — adapt to market, reduce toxic flow 🔗 Fully on-chain & aggregator friendly
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5/ If manager pays less rent (more profit for them), LPs still way better off: Normal: –$27k Auction AMM: –$2.8k Manager: +$5.7k LP loss shrinks massively and manager profit grows. Dynamic competition sets rent ~ real arb value.
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4/ We tested it on a WBTC/USDC pool 📊 Scenario: 30 day manager epoch Historical price diff ~0.0001% Results: ➡️ LPs in normal AMM: –$27k per $1M TVL ➡️ LPs in Auction AMM: +$368 per $1M TVL ➡️ LP gain: +$27k swing (!!) Manager earned ~$2.5k per $1M TVL while paying LP rent.
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3/ Why this matters: In normal AMMs, bots rebalance and capture almost all price discrepancy. LPs lose (impermanent loss + poor returns). In Auction AMM, that profit is priced & sold — rent flows back to liquidity providers.
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2/ Introducing Auction AMM⚡️ A practical implementation of https://t.co/SAcvNwL4ue ➡️The right to manage the pool is continuously auctioned ➡️The winning “Manager” sets swap fees & internalizes arbitrage ➡️Pays rent back to LPs Think English auction + Harberger lease, but for MEV
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1/ Most AMM LPs quietly bleed $$ to arbitrage & MEV. Even in blue chip pools like ETH/USDC, research shows LP ROI is often negative compared to just holding. We implemented a research paper’s design to fix that. 👇
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Kind of crazy how fast we are heading towards AR glasses that look just like normal ones. When are we getting Ready Player One though...?
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Had a great weekend in Vietnam 🇻🇳, had some great food and made cool shit on Base. Ended up winning second place in @eth_vietnam base track. Pretty cool trip.
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Super hyped !! Can’t wait to see Ethereum accelerate 🚀
Announcing Protocol https://t.co/LMANvhQ0X3
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Been diving into the new Beam chain proposal by @drakefjustin and exploring post-quantum cryptography options. I wrote an article explaining the Falcon signature scheme—compact, fast, and quantum-secure. Here is the link for anyone interested: 🔗
hackmd.io
Falcon Signstures: A Post Quantum Signature Candidate for Ethereum
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