Mechanism Design Achieves Strategy-Proof AMMs Eliminating MEV at the Application Layer
A new batch-processing AMM mechanism uses a constant potential function to ensure arbitrage resilience and strategy-proofness, fundamentally mitigating MEV.
AMM Mechanism Achieves Strategy Proofness through Constant Potential Function
Designing Automated Market Makers with a constant potential function provably eliminates miner arbitrage, fundamentally securing on-chain trading.
