There are some very cool things that you can do (e.g. replace young with a smart contract) with CFMMs if you understand how they intersect with control theory, PDEs, and some differential geometry
Few? @bluekirbyfi never taught me how to use this meme correctly
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Replying to @Fiskantes @mrjasonchoi and 2 others
Market Makers would prefer the simpler form if they could but they are forced to adjust in adversarial environment.
Ofc there are many nuanced counter takes to this, for example in some of @tarunchitra papers on CFMMs
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