Vitalik is of course best known for founding Ethereum. However, today I learned that he also figured out the math and mechanisms to make future DEX'es like Uniswap actually work well.Before his Reddit post, decentralized exchanges were in a terrible state, with massive spreads and fluctuations. The XYK idea spread quickly and drastically improved status quo.So without further ado, here is the history-making post: https://ift.tt/3ybCvYR another reason to love our dear skinny king.
Submitted August 25, 2021 at 02:45AM
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