Liquidity Quest: Task 1 ✅
📚 An amazing 544 of you hit the books and studied the Liquidity Book AMM. Evident with the 97% Pass rate achieved (Score >6)
💰 Prizes:
• All 544 who entered will receive Stamp #2 NFT
• For those who passed...
Task 2 will be announced soon ⚔
Your Liquidity Book Quest starts now
Task 1:
• Complete the Form + Quiz
• https://t.co/powAhne3le
Rewards:
• NFT: Joe's Journey Stamps #2
• Score over 7 points to be eligible for $JOE
• Community Perks
Liquidity Book: DeFit Learning 🧵 #2
One of the biggest advantages of the Liquidity Book is the level of customisability and efficiency it enables through its bin design and unique liquidity structures that can be deployed ... 👇
Liquidity Book: DeFit Learning 🧵 #3
Impermanent Loss (IL) is something all liquidity providers on constant function AMMs have to deal with in one way or another.
But what exactly is it, and how does Liquidity Book aim to mitigate it through the innovative Surge Pricing?
Liquidity Book Learning 🧵 #4
Managing concentrated liquidity in #DeFi sometimes might seem like a full-time job requiring a maths and economics degree.
Thankfully, Liquidity Book's unique design makes adjusting and controlling each user's position as efficient as possible...👇
Liquidity Book Learning 🧵 #5
One of the core innovations introduced by the Liquidity Book is the Volatility Accumulator.
It allows the exchange to measure market volatility independently and in real time.
Dive in to understand this novel mechanism 👇
Liquidity Book Learning 🧵 #6
Price Impact is something all DEX users deal with on a regular basis. It refers to a price change occurring during a swap and can sometimes lead to unexpected losses.
But why exactly does it occur?
Liquidity Book: DeFit Learning 🧵 #1
Liquidity Book will allow users to 'Concentrate Liquidity' ... But what exactly is so great about concentrated liquidity and why is it such a hot topic in #DeFi right now?