Understanding the Liquidity Book of TJ
After the huge catastrophic events in Crypto, most of the DeFi projects are trying to innovate with their tokenomics and their AMM models. While Uni v3 was aiming to provide capital efficiency for its users, It made the process more complex for both individual users and projects. More importantly , due to non-fungible nature of the positions yield aggregators and other projects can not build top of uni v3. Recently, Trader Joe has launched the whitepaper of Liquidity Book AMM model.Here every...
Understanding the Liquidity Book of TJ
After the huge catastrophic events in Crypto, most of the DeFi projects are trying to innovate with their tokenomics and their AMM models. While Uni v3 was aiming to provide capital efficiency for its users, It made the process more complex for both individual users and projects. More importantly , due to non-fungible nature of the positions yield aggregators and other projects can not build top of uni v3. Recently, Trader Joe has launched the whitepaper of Liquidity Book AMM model.Here every...
