A theory of Automated Market Makers in DeFi

Automated market makers (AMMs) are one of the most prominent decentralized finance (DeFi) applications. AMMs allow users to trade different types of crypto-tokens, without the need to find a counter-party. There are several implementations and models for AMMs, featuring a variety of sophisticated ec...

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Bibliographic Details
Main Authors: Massimo Bartoletti, James Hsin-yu Chiang, Alberto Lluch-Lafuente
Format: Article
Language:English
Published: Logical Methods in Computer Science e.V. 2022-12-01
Series:Logical Methods in Computer Science
Subjects:
Online Access:https://lmcs.episciences.org/8955/pdf