DEXes

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DEXes Anonymous Sat Dec 26 10:24:49 2020 No.25179321 [Reply] [Original]

Why exactly do we prefer AMMs over simple discrete auctions?

I don't fully understand the former but it appears there are some risks for liquidity providers - as I understand it from looking at Uniswap for example, an LP gets impermanent loss but regains it plus some revenue once the price bounces back... no?

What if I want to be a bullish or bearish LP? Don't I lose if my assumption of long-term non-static price is correct?

>>	Anonymous Sat Dec 26 10:34:54 2020 No.25179516 >>25179321 Where do I learn web3, solidity, block chain without taking me years? Are there any cheap quickways like WordPress elementor?

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