The next version of Ekubo will be deployed on all EVM chains.
Anyone can deploy the code on their own chain by broadcasting a pre-signed transaction.
The core protocol will have no built-in owners or protocol fees.
If protocol fees are charged, at least 50% must be paid to Ekubo DAO.
TLDR of this proposal: the next version of @EkuboProtocol will be deployed on every EVM chain. We will deploy to all the big ones, and on top of that anyone can deploy the code to their own chain by broadcasting a presigned transaction.
The Core protocol will have no built-in owner or protocol fees. It's free and open source software--a true public good. The license states that anyone can use the software without permission, on the condition that if they collect a protocol fee then at least 50% must paid to the Ekubo DAO. The rev share is negotiable but requires a re-licensing by the Ekubo DAO.
One of the biggest improvements to this model is that there will be zero liquidity fragmentation between AMMs on the same chain--Ekubo's liquidity providers will be in exactly the same pool as all the other licensees. The DAO no longer has to do the work to deploy on every chain, instead acting as the Licensor for the protocol software. We can stop competing on building the best implementation of xy=k (and the new version is nearly impossible to beat.) The network effect will be magnetic.
This feels like the endgame business model for AMMs. For anyone who wants to be the first to bring the best AMM to their favorite chain, DMs are open.
Day 1. gEKUBO
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