🟪 The 2024 halving could usher in a new era for Bitcoin

The upcoming halving brings forth novel dynamics that could reshape prevailing narratives around Bitcoin economics.

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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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