Volume AMA: Paloma MultiWAP Bots

Vera Behr @v_behr, Head of Product at VolumeFi (


) is joined by DeFi Strategist Zhibai Zhang @FieldTheory in this week’s AMA episode. They talk about the newest addition to Paloma’s bot stack, the MultiWAP bot, and its functionalities. Also highlighted in this episode are the top three most popular Paloma bots, with the Curve TWAP bot still hugging the top rank at $14 million in transactions since its launch last August.

Taariq Lewis @LewisTaariq, CEO of VolumeFi joins in later to discuss software upgrades and the opening of more fee revenue opportunities for Paloma validators.

Vera welcomes everyone to Volume’s Twitter spaces. She shares a brief about Volume Finance:

Paloma is open source and anybody can build on it, Vera adds, bringing more value to the ecosystem and the community of validators.

Following the successful launch of Paloma bots, FieldTheory announces that the total volume in terms of transactions has climbed to an impressive US$14,561,000 since August.

The Curve TWAP bot dominates Paloma’s entire bot space garnering the highest volume at USD14 Million worth of transactions for the first month alone. The Momentum bot trails behind with USD5,000 and third, the Curve Limit Order bot with USD3,000 in transaction volume.

FieldTheory shares that the TWAP bot is the biggest winner because of its utility, experiencing a spike in demand from users swapping tokens who are concerned about execution price. The Momentum bot, ranked second, helps users to discover new trending tokens. As speculative tokens become more popular, he believes that Momentum bot users will grow in demand even more as the market goes up.

Vera shares that the MultiWAP bot was conceived out of feedback from users looking to do multiple swap transactions for multiple tokens over pre-defined time intervals. A variant of TWAP, the bot allows the user to break the trade of several tokens into smaller, periodic fixed amounts to decrease slippage and land better execution prices.

She cites an example where a user is looking to do multiple token swap transactions over time:

MultiWAP bots are live on Curve and Ethereum. She mentions that the bots will soon be available in Uniswap V2 and PancakeSwap V2, ensuring wider availability across the ecosystem.

FieldTheory chimes in on the creation and uses of MultiWAP bots:

While the Curve TWAP bot serves to break down larger trades into smaller trades, it can become tedious when trading multiple tokens. Inferring from user demand he states:

He assures that trades are done in a secure way supported by Paloma’s blockchain technology with automated scheduling and remote control functionality.

FieldTheory shares his view on the possible target users of MultiWAP bots.

Successful liquidity farmers who may have a difficult time keeping track of dozens of multiple tokens they have collected will find the MultiWAP bot useful. Some of these tokens have low liquidity pools and a small market cap. He shares an example:

Users who seek and identify opportunities with high-yield liquidity pools can also benefit from the MultiWAP bot.

MultiWAP bots guarantee better execution prices than swapping every token all at once. He invites everyone to check them out at



Vera announces that the Gravity Bridge is underway, an important milestone in Paloma. The Bridge is a prerequisite for getting Paloma grains listed on other pools and being able to trade them. It will set the road for adding the fee market and gas management so that validators can be reimbursed for logic calls.

Pigeon improvements are continuously being made to help with issues regarding jailing and health checks.

Taariq joins in the conversation and announces that several upgrades are happening on Compass EVM and the testing of Gravity Bridge functionality. He stresses the importance of continuing to troubleshoot the deployment of Compass to introduce new features. This will allow anyone to deploy smart contracts to any target chain from within Paloma. He expounds:

Taariq shares his excitement as more fee revenue opportunities open up for validators from submitting logic calls to deploying contracts. He encourages validators to check the form under the R&D section on


. Two R&D epics are set up to help validators manage recurring transactions following the newly launched MultiWAP bot which will require validators to run repeated messages.

Validators will be able to get more business from these recurring transactions.

Taariq also announced that validators will be enabled to become Oracle providers using Paloma’s Oracle data in addition to CoinGecko. With the new additional resource, validators can check prices from external price sources such as Oracle, CoinGecko, Chainlink, and many others.

Users will have the option to use the Price Oracle where validators can charge for a query to get the data and make it a part of the contract. This means that validators can be compensated for doing more compute work.

Taariq announces that Paloma will be upgrading to mainnet on release 1.72.160. He gives a heads-up to Paloma validators on the mainnet as they restart the network at chain halt and get moving forward. Tests are being run to ensure that the new Compass EVM is deployed as well.

The goal is for validators to be able to create their own fees, generate their own revenue, and profit for supporting the network.

Taariq congratulates the Paloma and Volume team, and the community of validators for pushing through US14 million in volume transactions on Paloma bots. He thanks all the listeners and wraps up the episode:

Stay tuned for the next AMA!

To find out more about Volume, check out Volume Finance (


), join the Discord (

), and follow us on Twitter (@Volumefi). Check out Paloma Chain on




), follow them on Twitter (@palomachain), and join the flock on Discord (

). Coo!