Market Maker Flaws Open Door to Middleware Providers in Race for Liquidity
The yield farming revolution has been one of the biggest stories in DeFi over the last year, thanks largely to automated market makers (AMM). Operating behind the scenes, these protocols attracted billions of dollars into smart contracts. Spurred by incentives in the form of newly minted tokens, investors dove into AMM’s liquidity pools and changed…
By: Anthony Foy •
Research & Opinion
The yield farming revolution has been one of the biggest stories in DeFi over the last year, thanks largely to automated market makers (AMM). Operating behind the scenes, these protocols attracted billions of dollars into smart contracts. Spurred by incentives in the form of newly minted tokens, investors dove into AMM’s liquidity pools and changed…
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