Welcome to the blog

BTR is an adaptive multi-asset AMM: pools quote from external keeper marks, shape spreads from their own inventory and coverage, and protect LPs from impermanent loss by construction rather than by subsidy. The docs carry the formal spec; this blog carries everything that doesn’t fit a spec page yet.

How often

Rarely, and never to fill a schedule. A post goes up when there is something worth the read: how BTR works, an internals piece on AMM mechanics, a problem we hit and what it cost us to solve, what is next on the road, an integration going live, or a specification and the implementation details underneath it. Silence here means we are building, not that we ran out of things to say.

What belongs here

  • Design notes - why a mechanism looks the way it does. The narrative behind spread & fees, depeg gates, or anchor-path routing before it hardens into the docs.
  • Deployment write-ups - what shipped on Arc, what changed in the contract roster, what the pool composition is.
  • Research in progress - liquidity-curve studies, oracle-latency measurements, LVR comparisons. Anything here that survives scrutiny graduates into the docs.

Start here