About page

src/app/about/page.tsx

@@ -11,10 +11,10 @@ export default function AboutPage() {
       {/* Header */}
       <div className="text-center space-y-4">
         <h1 className="text-4xl font-bold bg-gradient-to-r from-primary to-purple-400 bg-clip-text text-transparent">
-          About Liquidity Party
+          Liquidity Party
         </h1>
         <p className="text-xl text-muted-foreground max-w-3xl mx-auto">
-          A game-theoretic multi-asset AMM revolutionizing decentralized exchange
+          Multi-asset AMM based on Party Game Theory.
         </p>
       </div>
 
@@ -32,6 +32,16 @@ export default function AboutPage() {
             Logarithmic Market Scoring Rules for Modular Combinatorial Information Aggregation (R. Hanson, 2002)
           </a>.
         </p>
+        <p className="text-muted-foreground leading-relaxed">
+            Our formulation and implementation is described in the{' '}
+            <a href="https://github.com/Liquidity-Party/lmsr-amm/blob/main/doc/whitepaper.md"
+                target='liqp_whitepaper'
+                rel="noopener noreferrer"
+                className="text-primary hover:underline italic"
+            >
+                Liquidity Party whitepaper.
+            </a>
+        </p>
         <p className="text-muted-foreground leading-relaxed">
           A Logarithmic Market Scoring Rule (LMSR) is a pricing formula for AMMs that know only their current asset
           inventories and no other information, naturally supporting multi-asset pools.
@@ -45,11 +55,11 @@ export default function AboutPage() {
           <div className="p-4 bg-muted rounded-lg">
             <h3 className="font-semibold text-primary mb-2">Less Slippage</h3>
             <p className="text-sm text-muted-foreground">
-              Reduced slippage for small and medium trade sizes compared to CP markets
+              Reduced slippage for small and medium trade sizes
             </p>
           </div>
           <div className="p-4 bg-muted rounded-lg">
-            <h3 className="font-semibold text-primary mb-2">N-Asset Pools</h3>
+            <h3 className="font-semibold text-primary mb-2">Multi-Asset Pools</h3>
             <p className="text-sm text-muted-foreground">
               Trade long-tail pairs in a single hop with multi-asset support
             </p>
@@ -68,10 +78,17 @@ export default function AboutPage() {
           </div>
         </div>
         <p className="text-muted-foreground leading-relaxed mt-4">
-          According to game theory, CP's slope at the current marginal price is too steep, overcharging takers
+          According to game theory, the initial price slope of a Constant Product AMM is too steep, overcharging takers
           with too much slippage at small and medium trade sizes. LMSR pools offer less slippage and cheaper
-          liquidity for the small and medium trade sizes common for arbitrageurs and aggregators.
+          liquidity for the small and medium trade sizes used by real traders.
         </p>
+          <div className="mt-6">
+              <img
+                  src="/slippage-comparison.png"
+                  alt="Slippage Comparison Chart"
+                  className="w-full rounded-lg"
+              />
+          </div>
       </Card>
 
       {/* Multi-Asset */}
@@ -134,13 +151,13 @@ export default function AboutPage() {
               </tr>
             </tbody>
           </table>
-          <p className="text-xs text-muted-foreground mt-2">* Stablecoin pair pool optimization</p>
+          <p className="text-xs text-muted-foreground mt-2">* Stablecoin pair optimization</p>
         </div>
 
         <p className="text-muted-foreground leading-relaxed">
           Liquidity Party aggregates scarce, low market cap assets into a single pool, providing one-hop liquidity
-          for exotic pairs without fragmenting LP assets. CP pools would need 190x the LP assets to provide the same
-          pairwise liquidity as a single 20-asset Liquidity Party pool, due to asset fragmentation.
+          for exotic pairs without fragmenting LP assets. Constant Product pools would need 190x the LP assets to provide the
+          same pairwise liquidity as a single 20-asset Liquidity Party pool, due to asset fragmentation.
         </p>
       </Card>
 
@@ -158,45 +175,64 @@ export default function AboutPage() {
 
         <div className="space-y-4 border-t pt-6">
           <h2 className="text-2xl font-semibold">Minimized Impermanent Loss</h2>
+          <h3 className="text-xl font-semibold text-primary">Adverse Selection Protection</h3>
+          <p className="text-muted-foreground leading-relaxed">
+            All AMM's suffer from Impermanent Loss (IL), also known as adverse selection or toxic order flow. Liquidity
+              Party uses game theory to minimize IL for LPs, by charging lower fees to small legitimate traders, and
+              higher fees to large adversarial traders during market dislocation. This means a higher effective rate
+              for LP's and cheaper swaps for legitimate small traders.
+          </p>
+          <p className="text-muted-foreground leading-relaxed">
+              Liquidity Party swaps guarantee a bounded maximum loss of <code>κ*S*ln(N)</code> where <code>κ</code> is
+              the pool's liquidity parameter, <code>S</code> is the total size of the pool, and <code>N</code> is the
+              number of assets in the pool.
+          </p>
           <h3 className="text-xl font-semibold text-primary">No Intra-Pool Arbitrage</h3>
           <p className="text-muted-foreground leading-relaxed">
-            LMSR minimizes impermanent loss for liquidity providers. Traditional CP pools expose LPs to value
-            extraction, leading to higher fee demands than theoretically necessary. By minimizing impermanent
-            loss for LPs, LMSR pools reduce the risk premium, providing lower fees and higher liquidity for takers.
+              Other multi-asset systems can provide inconsistent price quotes, allowing arbitragers to
+              extract value from LP's by <i>trading assets inside the same pool against each other.</i> With Liquidity
+              Party, no intra-pool arbitrage is possible, because the mathematics guarantee fully consistent price
+              quotes on all pairs in the pool.
           </p>
         </div>
       </Card>
 
       {/* Open Source Development */}
       <Card className="p-8 space-y-4">
-        <h2 className="text-2xl font-semibold">Open Source Development</h2>
+        <h2 className="text-2xl font-semibold">Transparent Open Source</h2>
         <p className="text-muted-foreground leading-relaxed">
-          Liquidity Party is built in the open — transparently, collaboratively, and for the benefit of the broader DeFi ecosystem.
-          Our full codebase is available under open-source licenses found here:{' '}
+          The Liquidity Party contract source code fully transparent to the public and verified by Etherscan.
+        </p>
+        <p className="text-muted-foreground leading-relaxed">
+          View our contracts on GitHub:{' '}
           <a
-            href="https://git.dxod.org/explore/repos"
-            target="_blank"
+            href="https://github.com/Liquidity-Party/lmsr-amm"
+            target="liqp_github"
             rel="noopener noreferrer"
             className="text-primary hover:underline"
           >
-            https://git.dxod.org/explore/repos
-          </a>.
+              https://git.dxod.org/explore/repos
+          </a>
         </p>
         <p className="text-muted-foreground leading-relaxed">
-          We believe that decentralized finance should be verifiable and permissionless from the ground up.
-          By open-sourcing our smart contracts, math models, and protocol components, we empower developers, researchers, and liquidity providers to audit, extend, and innovate on top of Liquidity Party.
-        </p>
-        <p className="text-muted-foreground leading-relaxed font-medium">
-          Contributions, audits, and discussions are welcome — join the party and help shape the future of multi-asset liquidity.
+          Verify our contracts on Etherscan (Sepolia):{' '}
+          <a
+            href="https://sepolia.etherscan.io/address/0x081aA8AB1984680087c01a5Cd50fC9f49742434D#code"
+            target="liqp_etherscan"
+            rel="noopener noreferrer"
+            className="text-primary hover:underline"
+          >
+              https://git.dxod.org/explore/repos
+          </a>
         </p>
       </Card>
 
       {/* Footer */}
       <div className="text-center py-8 border-t">
         <p className="text-sm text-muted-foreground">
-          Ready to experience the future of decentralized trading?
+          Liquidity Party is offered by Dexorder Trading Services, Ltd. (British Virgin Islands)
         </p>
       </div>
     </div>
   );
-}
+}

src/contracts/IPartyPlannerABI.ts

@@ -130,12 +130,12 @@ const IPartyPlannerABI = [
         "internalType": "contract IERC20[]"
       },
       {
-        "name": "bases",
-        "type": "uint256[]",
-        "internalType": "uint256[]"
+        "name": "tradeFrac",
+        "type": "int128",
+        "internalType": "int128"
       },
       {
-        "name": "kappa",
+        "name": "targetSlippage",
         "type": "int128",
         "internalType": "int128"
       },
@@ -214,17 +214,7 @@ const IPartyPlannerABI = [
         "internalType": "contract IERC20[]"
       },
       {
-        "name": "bases",
-        "type": "uint256[]",
-        "internalType": "uint256[]"
-      },
-      {
-        "name": "tradeFrac",
-        "type": "int128",
-        "internalType": "int128"
-      },
-      {
-        "name": "targetSlippage",
+        "name": "kappa",
         "type": "int128",
         "internalType": "int128"
       },