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BREAKING: Casey just announced an upgrade to the Runes Protocol called "agents" that will allow for Runes AMMs on Bitcoin L1 Agents leverage "interactive transaction construction" to allow market makers to trustlessly add liquidity to a Runes AMM Runes AMM agents will solve both the "lot splitting" and mempool... show more
190,014 views • 1 year ago •via X (Twitter)
11 Comments

@rodarmor The future of Runes is so insanely bullish

Elastos secures a $20M investment from Rollman Management! This significant funding from @rollman_group will accelerate positioning $ELA as Bitcoin's merged-mined reserve asset and Elastos as BTCFi pioneer & Web3 creator economy leader. 📖

@rodarmor Send Bitcoin Memes to Valhalla

@rodarmor

@rodarmor Market Makers won’t necessarily be “adding liquidity to a Runes AMM”. More like pre-constructing policies the agent will execute upon on their behalf. Which can inherently “make a market”. Detailed summary here:

@rodarmor $MIM to wizillions

I asked ChatGPT to explain, and it gave me this. Please correct me if anything is wrong. Rodarmor just announced an upgrade to the Runes Protocol called "agents," which will enable Runes AMMs (Automated Market Makers) on Bitcoin Layer 1 (L1). What does this mean? Agents allow market makers to add liquidity in a decentralized and trustless way. They use a technique called "interactive transaction construction," which enables transactions to be coordinated without intermediaries. This makes Runes trading more efficient and decentralized. It solves two major issues with trading Runes on Bitcoin L1: "Lot splitting": When trading assets on Bitcoin, it can be difficult to break large amounts into smaller, tradable lots efficiently. "Mempool sniping": A problem where bots or users try to front-run transactions in the mempool to gain unfair advantages. Why is this important? This upgrade will make it easier to create automated markets for Runes directly on Bitcoin's Layer 1, without needing external solutions like sidechains or second layers. There is no release date for this upgrade yet.

@LeonidasNFT @rodarmor Runes 🔥

@rodarmor He keeps delivering slay after slay

@rodarmor this is starting to feel like some mega-niche category of shit no one really gonna want

@rodarmor Looking forward to the upgrade! 👀🐷
