Super interesting technical discussions on both sides of the AMM debate tonight( and vs ). There are also plenty of practical reasons for Uniswap's strong PMF, though. Here's the bottom line for me, as an active Uniswap LP:
Conversation
So big 🧠 are mad they can’t take advantage as easily with AMM. Pleb traders/LP like me are cool cause we’re making money but probably not as efficiently as big 🧠 (but wouldn’t on other platforms either). 🧠 would like our liquidity to stay where they can take full advantage?
1
8
46
Yeah that’s how I’m looking at it! Great summary of the thread.
1
15
well yeah when there are heavy incentives it makes sense!
otherwise, it changes