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NFT AMM Pillars

The SeaCows protocol is supported by two main pillars that support the functionality of the NFT AMM.
1.Pool Factory: The core token pairing mechanism enabling liquidity providers to create liquidity pools.
2.Router: The core pricing mechanism to provide price transparency throughout the entire transaction.
Pool Factory Mechanism
A new NFT to ETH pair is created using the SeacowsPairFactory. With that the liquidity pool is initialised. The following parameters have to be provided:
 IERC721 _nft,
 ICurve _bondingCurve,
 address payable _assetRecipient,
 SeacowsPair.PoolType _poolType,
 uint128 _delta,
 uint96 _fee,
 uint128 _spotPrice,
 uint256[] calldata _initialNFTIDs
To find out more check out the smart contract on a blockchain explored on the respective net.
A new NFT to ERC20 token pair is created using the SeacowsPairFactory. The following parameters have to be provided:
 struct CreateERC20PairParams {
 ERC20 token;
 IERC721 nft;
 ICurve bondingCurve;
 address payable assetRecipient;
 SeacowsPair.PoolType poolType;
 uint128 delta;
 uint96 fee;
 uint128 spotPrice;
 uint256[] initialNFTIDs;
 uint256 initialTokenBalance;
 }
To find out more check out the smart contract on a blockchain explored on the respective net.
Seacows Router
Whenever a swap is made with the liquidity pool the protocol calls the SeacowsRouter to provide an accurate price.
To execute a trade the nftIds and details have to be provided.
To find out more check out the smart contract on a blockchain explored on the respective net.

Create a Pool

Next - Use Cases

NFT Traders

Last modified 1mo ago