The AMM is a pioneering crypto primitive that has helped bring DeFi to existence.
04 Jul 2022, 20:41
The AMM is a pioneering crypto primitive that has helped bring DeFi to existence. But we already had the orderbook (OB), why did crypto need its own form of market making?
a 🧵 the on the critical need, both for liquidity and efficient markets, of the OB model 1/