EP 49: 7 Changes in Uniswap V3 and LP Impacts | Decentralised Market Maker + CLOB
Economics Design - En podkast av Lisa JY Tan
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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. Follow us on Twitter and Join our Discord to chat with us and the ED community.