Uniswap is an open source decentralized exchange protocol built on the Ethereum blockchain and operating under the management of smart contracts. Uniswap leaves behind the traditional architecture of the digital exchange, since there is no order book. The protocol works with the design of Constant Product Market Maker, which is a variant of the model called Automated Market Maker (AMM).

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RT @haydenzadams: People talk about AMM designs and performance in such extreme terms

And there seems to be a lot of confusion around the…

People talk about AMM designs and performance in such extreme terms

And there seems to be a lot of confusion around the problems they help solve

A few helpful tips

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RT @haydenzadams: People talk about AMM designs and performance in such extreme terms.