Automated Market Makers and the Role of the Arbitrageur
Ahhhhhh I'm maintaining equilibrium!
This will be a higher level post, no code needed but I think you’ll see why I’m taking the time to explain these concepts.
First let’s establish some simple definitions, then add detail as needed.
Automated Market Maker — a decentralized marketplace for exchanging digital assets. Individuals deposit assets into the marketplace, receiving a share of the pr…