Conversation

This Tweet was deleted by the Tweet author. Learn more

Replying to

and

I agree that you should pay attention to AMMs and learn about them! You definitely should! DeFi is paying people $3mm/day to do so, so it's financially a great decision. Also AMMs are generally worse than orderboks. Both of those are true.

This Tweet was deleted by the Tweet author. Learn more

Replying to

and

Retail adoption is super important! But I'm not sure that retail "liquidity" is, at least as you're using it. Retail trades on Robinhood, and IB, and Binance, and Coinbase. None of those are AMMs-- those are all retail taking and MMs making.

2:10 AM · Oct 16, 2020Twitter Web App

Replying to

I don't think many systems in the world really have retail providing liquidity -- whether it's trading or clothing or electronics or lumber or pens. Providing liquidity is hard!

This Tweet was deleted by the Tweet author. Learn more

Show replies

Replying to

Following discussion on LPs, has this been discussed? // #ISSUE why do LPs take a DWTFYW design approach that favors swapers? A simple LP maker stop loss could fix many retail issues; Especially in situations of bad actor contracts that vampire attack LP value by design.