EP 49: 7 Changes in Uniswap V3 and LP Impacts | Decentralised Market Maker + CLOB
Economics Design
English - May 07, 2021 23:30 - 27 minutes - 37.5 MB - ★★★★★ - 9 ratingsEntrepreneurship Business Homepage Download Apple Podcasts Google Podcasts Overcast Castro Pocket Casts RSS feed
Previous Episode: EP 48: Building the Infrastructure of Web3.0. Explaining Handshake and $HNS Economics
Next Episode: EP 50: $FEI, What Went Wrong? An Economics Explanation
Uniswap is an Automated Market Maker (AMM). It allows users to swap any ERC20 token, using the liquidity pool instead of the order book.
Uniswap is a 100% decentralised and permissionless protocol, operating on the following formula: x*y=k (called “constant product”).
TLDR: V3 update combines both decentralised market maker model with centralised limit order books.
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