🟪 Farcaster Just Might Be The New Crypto Twitter

If one of the only ways to save crypto is a return to its subculture roots, then Farcaster seems like it fits the bill

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The Alpha of AMM Design is LVR

Loss-versus-rebalancing (LVR) is arguably Ethereum DeFi’s biggest problem, and thus reducing LVR is fundamental to the success of Ethereum. This report dives into the world of LVR. We uncover its importance for AMM designers, discuss the two major mechanism design categories and various projects developing solutions, and offer a higher level perspective on the importance of AMMs in general.

by magicdhz

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