YomiSwap NFT AMM

YomiSwap NFT AMM is an Automated Market Maker protocol for NFTs, a protocol that can ultimately increase the liquidity of NFTs by creating (i) sellers and (ii) buyers plus (iii) liquidity providers in the NFT trading process. Liquidity providers can staking NFTs to the protocol. Other users can buy or sell NFTs by liquidity-provided NFTs. The price of buying and selling follows a bonding curve. Since there is a spread between the buy and sell prices, the user's repeated buying and selling generates a differential reward, which is distributed proportionally to the amount of liquidity provided to the liquidity provider.

We developed YomiSwap NFT AMM, an NFT AMM protocol. Our team was divided into two teams for development: front-end and contract. The front-end team developed the protocol serverless, using an API with The Graph instead of using a DB. The contract team also used Hardhat (chai and mocha) for in-depth testing and deployed to Ethereum and Optimism. Our team is excited about Optimism's layer 2 solution, so we are very happy to deploy to Optimism this time.