Add Sudoswap pool trading engine to Looks backend#101

LooksRare’s main issue is liquidity. The liquidity issue is solved by adding sudoswap pools in addition to (aggregated to) orderbook trading. Sudo pools are practically free (0.5% trading fee, 0% royalties). LR should add their trading fees (2% instead of 2.5%) on top of the sudo fee when the trade is made using a sudo pool. Same for royalties – add the royalties which sudo doesn’t charge on top of the trading fee.

This is critical for LR to be competitive in the future vs aggregators that will swallow all floor NFT trading volume by leveraging sudo tech.

Dude! You’re a genius. Couldn’t be more clear about LR’s future even if you were the developer of both LR and SUDO. I immensely support this idea.

support

This would definitely be interesting to pilot. Could it be used in collections in LR with low liquidity only or would there be a reason to use it in all collections. Also, if someone were to then list on LR, would that sale go through the liquidity pool?

could be useful in both, but more useful in low liq collections. If you list on LR, it wouldn’t go through the Liq pool, would go through the orderbook engine.

check out NFTX pools - more elegantly solved. LR should merge with nftx

NFTX is very capital inefficient. Spreads are huge. Why more elegant than Sudo?

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