EP 49: 7 Changes in Uniswap V3 and LP Impacts | Decentralised Market Maker + CLOB
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: / econsdesign
Join our discord to chat with us and the ED community:
/ discord
What we cover:
Start: 00:00
What is Uniswap: 00:36
Spot Dex: 00:38
Market share: 02:12
How does Uniswap work: 05:12
7 Changes: 11:25
Focused Liability: 11:32
Capital Efficiency: 13:58
Price Discovery: 15:29
Range Orders: 17:00
Non-Fungible Liquidity: 17:58
Flexible Fee: 19:35
Advanced Oracle: 21:21
Opinions on V3: 22:12
Want more in-depth content?
1) Support us on our patreon www.patreon.com/economicsdesign
2) (Textbook) The Economics and Math of Token Engineering and DeFi https://book.economicsdesign.com/
3) Academy https://academy.economicsdesign.com/
4) Weekly newsletter at https://economicsdesign.substack.com
5) Podcast: https://bit.ly/ED-podcast
Disclaimer
This is not financial advice. Information shared is found publicly on the internet. All analysis and opinions are my own. The purpose of sharing the information is for education and knowledge sharing. The information shared is accurate at the time of recording. Purchasing cryptocurrencies poses a considerable risk of loss. Past performance does not indicate future results.
#uniswapv3 #amm #dex #economicsdesign #tokeneconomics #tokenomics #DeFi