5min chapter

Modern Finance cover image

The Potential DeFi Collapse, Bull & Bear Markets, and MobileCoin with Ari Paul

Modern Finance

CHAPTER

Cryptocurrency Market Makers

In uniswap, you are providing liquidity into a pool. There's no like bid and ask as you would see on a normal exchange. To get a hundred % yield, you have to take outrageous risks. As more money chases the same kind of yield farming opportunities, yield's fall. This bullmarket probably ends for all crypto assets around the same time. The one exception might be nfts, because n f tis like a mba top shots,. If some of the ownerbas there is separate, so you don't have a portfolio rebalancing effect. So right now, oll if crypto has that fect, it's a small group of people who have

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