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What is Kandel?

Kandel is an Automated Market Making strategy that uses on-chain order flow to repost offers instantly, without any latency. It could be considered as a market-making bot equivalent that operates solely on the blockchain. It leverages the interaction between buyers and sellers that creates price movement, rather than the price itself.

Within a market and price range you select, Kandel automatically posts Bids and Asks. Its main goal is to buy low and sell high - profits are made through accumulated spread, i.e. the difference between the Bids and Asks that are taken.