The Angstrom v1 Whitepaper is live! @ksrini_, @0xvanbeethoven, and @ciamac provide a technical deep dive into the many intertwined mechanisms that collectively form Angstrom. Let’s dive in 🧵

Next comes the uniform-clearing price batch auction, this auction considers all non-top-of-block limit orders (from users and market makers alike), along with the underlying AMM liquidity, and clears all possible orders at the unique price where supply intersects demand. Swappers benefit from sandwich resistance and just-in-time limit order liquidity provided by market makers to ensure their slippage is minimized.