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32min chapter
AMMs vs DEXs: DeFi's First Debate Revisited | Season 6 Episode 3
Bell Curve
Retail lending to market makers and the benefits of XYK curves
The chapter discusses the concept of retail lending to market makers as an alternative to complex market design processes. It explores the benefits of building transparent lending or margin engines on-chain and the advantages of XYK curves in bounding losses. The conversation also delves into the challenges and complexities of market making, including the competitive nature and winner-take-all dynamics.
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Discover
highlights
Listen to the best highlights from the podcasts you love and dive into the full episode