Algorithmic Market Operation

The Algorithmic Market Operation Controller (AMO), a central banking Lego set that is modular and autonomous, was also introduced by the Keep protocol. The borrow/lend modules cannot be altered by the AMO module, which is an autonomous contract that can set any monetary policy. As a result, AMO can use algorithms to conduct open market operations and engage with larger DeFi projects without compromising the fundamental borrowing process.

The AMO module opens up a modular design space that allows continuous upgrades and improvements without compromising design elegance, composability, or increasing technical complexity. Last but not least, anyone can conceive, build, and create AMO as long as they adhere to the aforementioned requirements and that AMO is a complete "mechanism in a box."