🚥Liquidity Bootstraping Order

Since Balancer.fi first introduced Liquidity Bootstraping Pool (LBP) to DeFi, the LBP model is increasingly being used by multiple projects to raise large amounts of capital, and there is great potential for LBP to be used for secondary trading and market making, in addition to the primary market for launch Tokens.

TWAMM's Term Swap can achieve the function of LBP through the form of Liquidity Bootstraping Order (LBO). When the depth of the market is not enough, a large number of trading can not be achieved in the short term, project parties or individuals through term swap in the form of LBO to submit a month or even longer LongTerm Orders, arbitrage bot will be this LBO position and other AMM or even cex in the market to do arbitrage, to allow them to similar to traditional quantitative trading TWAP out of the same time, to give the Incentive those arbitrage bot help them to achieve best execution, at the same time, because the time lengthened, price impact also reduced.