Optimize your trading potential by leveraging your liquidity across multiple pairs. For instance, you can create offers on WETH/USDC, WMATIC/USDC and WBTC/USDC pairs with an equal amount of USDC liquidity.
In your smart offer, you can dynamically trigger actions based on Mangrove DEX’s asset prices. It enables instantaneous stop loss and ensures that your offer remains attractive to potential takers in changing market conditions.
Run AMMs strategies
Provide liquidity on Mangrove’s order book in order to maximize your liquidity potential.
Kandel is an on-chain Automated Market Making strategy that focuses on order flow rather than price. It automatically posts Bids and Asks within your chosen market and price range to buy low and sell high, making a profit through the spread.
Kandel is a market-making bot equivalent that operates solely on the blockchain. Unlike off-chain market making bots that experience delays, Kandel uses on-chain order flow to repost offers instantly, without any latency.
You have the opportunity to accumulate profits generated from spreads and reinvest them back into your offers, a process commonly known as compounding. On Kandel strategy, you can set the compounding rate.
Since Kandel is an automated market-making strategy, the price range needs to be set. It consists of the lowest and highest prices in the price grid at which the market maker is willing to post its bids and asks on Mangrove DEX.
Since the liquidity on offer is not locked on the Mangrove order book, it can generate yield elsewhere on the chain. With Kandel, when an offer is taken, your liquidity can be sourced and redeposited on AAVE.