I’ve just completed the initial mobile UI/UX for @Balcore_AI and put together this quick demo. I want someone who has never used blockchain to open Balcore, understand what their assets are doing and participate in market making without having to manage all the complexity behind it. The way you earn is straightforward. You provide assets as liquidity on an automated market maker (AMM) decentralized exchange (DEX). Other people use that liquidity to swap assets, and you collect a share of the fees they pay. You are providing the assets that help execute and settle those swaps. You keep custody and control while putting your assets to work as a market maker. The big problem we’re tackling is impermanent loss. As the pool changes the mix of assets you hold, your position can fall behind simply holding those assets, even while fees keep coming in. That shortfall can exceed the fees earned. Balcore is built to tackle this problem alongside inventory imbalances and the constant decisions about liquidity placement, adjustments and position defense. The objective is to keep fees ahead of impermanent loss so asset holders can continue participating. For the person using the app, the experience should feel simple: add funds, choose a market, follow your position and fees, choose whether to autocompound, and withdraw. Balcore handles the ongoing market-making work in the background. That combination of self-custody and a hands-off experience is what I want this demo to show. We’ve spent years working through the complexity, and I’m putting the same care into making the product intuitive to use. Be the Market Maker. There is no escape 🔺

Balcore’s closest competitors are automated liquidity managers (ALMs), which move liquidity around a pool as prices change and try to collect enough fees to cover what the position loses along the way. I want to show you what an ALM strategy and Balcore each had left after seven days on the same market. The setup is simple. The same $50,000 goes into each strategy, using the same modeled AVAX/USDC pool and seven days of real Coinbase price data, minute by minute, from 9 to 16 October. The week had a proper swing in it, up past $11 and down below $9.50, exactly the kind of market where these tools are supposed to earn their keep. I gave the ALM favorable execution assumptions on purpose. It keeps all its capital in the active bin, capturing about 80% of the modeled pool income, while Balcore’s share of any individual bin stays below 0.5%. Its swaps cost 0.05%, with no gas charges, and its earnings compound straight back into the position. Same emissions, same pool depth, same prices for both. At the end of the seven days, the ALM had $41,391 left from its original $50,000. It finished $7,982 behind simply holding the deposited assets. Balcore finished with the original quantities of AVAX and USDC restored, plus a reported $769 in net income above those holdings. After accounting for the cost of restoring the assets, it still had earnings left. That is the outcome I want to highlight. What did the asset holder actually have left after the week was over? Over an extended period, an ALM can keep collecting fees while impermanent loss and repeated repositioning leave little or no net income. Limited competition can also help a provider capture more of the available fees. For example, if one whale supplies 95% of the liquidity earning fees at the active price, it can collect most of those fees. I want to see whether a strategy can keep producing net income as more participants arrive and compete for that same fee flow. As shown in the video, Balcore’s four layers work continuously around the liquidity. They consider where price sits in the week’s structure, how the position has changed, how fast price is moving and what reserves are available. Together, they guide liquidity placement, capital rotation, protection during sharp price changes and reserve support, with the objective of keeping fees ahead of impermanent loss. I believe impermanent loss is one of the biggest reasons funds, institutions and everyday asset holders are still reluctant to participate at scale in automated market maker (AMM) decentralized exchanges (DEXs). Collecting fees while losing the assets you deposited is a difficult proposition. We believe @Balcore_AI ’s architecture represents a first-of-its-kind practical solution to that challenge, designed for sustainable participation in competitive markets, with asset holders retaining custody of their funds. Be the Market Maker. There is no escape 🔺