🚁Features

Algebra Finance, with its Integral technology, similar to the Uniswap V4 approach, uses a modular structure that allows the use of plugins (also known as hooks for Uniswap V4). Thanks to the plugins, it will allow Bulla to evolve continuously and seamlessly integrate all kinds of future innovations.

Algebra Integral introduces a new feature: plugins, enabling developers to extend the platform's functionality beyond its core protocol. Here are some potential plugins:

These plugins open up a world of possibilities for customization. Some exciting plugins include:

• Time-weighted average market maker (TWAMM): Implementing TWAMM allows for a trading algorithm that considers the average price of an asset over a specific period, providing a more stable trading experience.

• Dynamic fees based on volatility or other inputs: Adjusting fees dynamically based on market conditions like volatility can incentivize liquidity provision during periods of high volatility and help maintain liquidity during calmer market conditions.

• On-chain limit orders: Enabling on-chain limit orders allows traders to set specific price levels at which they are willing to buy or sell assets, providing more control over their trading strategies.

• Depositing out-of-range liquidity into lending protocols: Allowing liquidity providers to deposit liquidity outside of the current trading range into lending protocols can potentially earn additional yield on idle assets, maximizing capital efficiency.

• Autocompounded LP fees back into LP positions: Automatically reinvesting LP fees back into LP positions can compound returns over time, incentivizing long-term liquidity provision and maximizing earnings for liquidity providers.

Future plugins that are currently in development include, but are not limited to:

• IL compensation system for trades

• Reduction of impermanent loss

• Perpetual contracts

• Advanced liquidity management tools

• Staking-based fee discounts

• Cross-chain interoperability solutions

• Emergency security measures

• Enhanced anti-hack features

With the numerous new plugins under development by Algebra and their contributors, we ensure Bulla is ready for the future.