antifragile protocols or nothing at all liquidity scientist @BaselineMarkets
Since the beginning of DeFi, almost every token’s on-chain liquidity has been determined by a single liquidity curve, the constant product invariant x*y=K. In my last article New Curve, New Era, I
For anyone in crypto who has ever traded a token, there always comes a point where you ask: “why does everything I buy always go to zero?” Governance tokens. Utility tokens. Memecoins. DeFi. Gaming.
