EP 49: 7 Changes in Uniswap V3 and LP Impacts | Decentralised Market Maker + CLOB

EP 49: 7 Changes in Uniswap V3 and LP Impacts | Decentralised Market Maker + CLOB

vor 5 Jahren
27 Minuten
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Beschreibung

vor 5 Jahren

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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