In today’s post we take the perspective of a liquidity provider (LP) and ask: how much you can expect to earn by providing tokens to the reserve pools?
Uniswap, Balancer, and Curve have achieved to construct purely peer-to-peer exchanges which do not require any intermediary, and attracted already many users. But it is important to bear in mind that things could go wrong when using these AMMs naively as a price oracles.
Early decentralized exchange (DEX) proposals took their inspiration from classical exchange markets and made use of order books to match sell and buy orders. A complementary approach to offchain order books for decentralized exchanges uses the concept of automated market makers (AMMs). In this post we look at the basics of the following three AMM projects: Uniswap, Balancer, and Curve.
Market makers at stock exchanges are companies or individuals who stand ready to buy and sell securities. Similarly, market makers at crypto exchanges sell and buy crypto assets on a continuous basis at a publicly quoted price. Since everbody can place an order at crypto exchanges, like e.g. Binance or BitMEX, and order execution is […]
The security of your crypto-assets depends on one piece of information that you must protect: your private key. If your private key is stolen, all your assets can be stolen. If your private key is lost, all your assets are lost.
The second stage of the Dogethereum bridge was presented on September 5, 2018 at 10 am (PT) and live streamed. The bridge uses “superblocks” to move coins from Dogecoin to Ethereum and collateralization to move coins from Ethereum to Dogecoin. We are excited because this innovation can also be used to bridge other blockchain pairs. […]
Cryptocurrency Exchanges Anyone who wants to get into the cryptocurrency market and does not want to mine blocks needs to exchange his fiat money at an exchange, the only alternative to this is to get cryptocurrency from another holder. Centralized exchanges like Bitfinex, Coinbase, Kraken, Poloniex or Shapeshift intermediate the bid and offer matching process […]