Happy to see the excitement for our protocol, we can’t wait for the launch!
We are unable to provide a dedicated UX for users to interact with TWAMMs due to the hostile regulatory environment, see the Wells notices served to Coinbase, Uniswap, Sushi, etc. This was a major factor for us to pursue the relayer to simplify interacting with TWAMMs from Etherscan/Gnosis Safe etc.
We want to maximize the permissionless and decentralized nature of the product and a dedicated UX is the Achilles heel targeted by regulators. Furthermore, we are actively working with integrators to expose these functionalities via their UX, see DefiLlama, Zerion, InstaDapp, etc
It was agreed upon that initially the fees will be set to 0 and will be increased as the protocol gets traction and a fair fee split can be agreed upon. Currently, all the fees flow back to the pool LPs including the MEV. Here’s the initial proposed fee schedule:
We will expose this information via Dune analytics dashboards soon after our launch. Here are a few dashboards we’d like to replicate for our pools:
- https://dune.com/msilb7/Uniswap-v3-Pair-Deep-Dive
- https://dune.com/gammastrategies/Uniswap-v3-Volume-and-Fees-Collected
For reference, this is the relayer proposal @Tritium is mentioning: [BIP-255] Approve Cron Fi TWAMM Relayer.
The relayer and pool are independent. Advanced users can and should (gas efficiency) interact with the pool directly via the core smart contracts. The relayer is a convenience layer to abstract the complexity of interacting with TWAMMs for less sophisticated users in the absence of a dedicated UX.