๐
๐จ๐ซ๐ฐ๐๐ซ๐
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โฉ" title="Nach rechts zeigendes doppeltes Dreieck" aria-label="Emoji: Nach rechts zeigendes doppeltes Dreieck">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐" title="Weltkugel mit Lรคngengraden" aria-label="Emoji: Weltkugel mit Lรคngengraden">Decentralized exchanges have provided a lot of benefit to the world which include increased privacy, security, control over your own funds, and financial inclusiveness.
๐
๐จ๐ซ๐ฐ๐๐ซ๐
https://abs.twimg.com/emoji/v2/... draggable="false" alt="2โฃ" title="Tastenkappe Ziffer 2" aria-label="Emoji: Tastenkappe Ziffer 2">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐น" title="Tabelle mit Abwรคrtstrend und Yen-Zeichen" aria-label="Emoji: Tabelle mit Abwรคrtstrend und Yen-Zeichen">The main reason for their explosive growth is the use of Automated Market Makers (AMMs). This solved the liquidity issue that Dexs initially had. Even further Constant function market makers (CFMM& #39;s), were utilized to help with with pricing.
๐
๐จ๐ซ๐ฐ๐๐ซ๐
https://abs.twimg.com/emoji/v2/... draggable="false" alt="3โฃ" title="Tastenkappe Ziffer 3" aria-label="Emoji: Tastenkappe Ziffer 3">
The downside is that CFMM can be sometimes they are ineffective at pooling capital. The algorithm that is used only utilizes a fraction of the assets available in the pool at any given time. This leads to the majority of the pooled liquidity being wasted.
The downside is that CFMM can be sometimes they are ineffective at pooling capital. The algorithm that is used only utilizes a fraction of the assets available in the pool at any given time. This leads to the majority of the pooled liquidity being wasted.
๐๐ฎ๐ญ๐จ๐ฆ๐๐ญ๐๐ ๐๐๐ซ๐ค๐๐ญ ๐๐๐ค๐๐ซ๐ฌ ๐๐๐๐ฌ
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ฅ๏ธ" title="Desktop-Computer" aria-label="Emoji: Desktop-Computer">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ป" title="Computer" aria-label="Emoji: Computer">An automated market maker (AMM) is a type of decentralized exchange (DEX) protocol that relies on a math formula to price assets. Traditional exchanges use an order book to do this.
๐๐จ๐ง๐ฌ๐ญ๐๐ง๐ญ ๐
๐ฎ๐ง๐๐ญ๐ข๐จ๐ง ๐๐๐ซ๐ค๐๐ญ ๐๐๐ค๐๐ซ๐ฌ ๐๐
๐๐๐ฌ
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐งฎ" title="Abacus" aria-label="Emoji: Abacus">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โ
" title="Fettes weiรes Hรคkchen" aria-label="Emoji: Fettes weiรes Hรคkchen">They were designed by the crypto community to construct DEXs for digital assets & are based on a function that establishes a pre-defined set of prices based on available quantities of 2 or more assets
๐๐ฆ๐ฉ๐๐ซ๐ฆ๐๐ง๐๐ง๐ญ ๐๐จ๐ฌ๐ฌ
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โ" title="Dickes Minuszeichen" aria-label="Emoji: Dickes Minuszeichen">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ช" title="Coin" aria-label="Emoji: Coin"> A temporary loss of funds occurring when providing liquidity. Itโs very often explained as a difference between holding an asset versus providing liquidity in that asset. https://www.youtube.com/watch?time_continue=2&v=8XJ1MSTEuU0&feature=emb_logo">https://www.youtube.com/watch...
๐๐ฏ๐๐ซ๐ฏ๐ข๐๐ฐ
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ญ" title="Teleskop" aria-label="Emoji: Teleskop">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ฐ๏ธ" title="Satellit" aria-label="Emoji: Satellit"> Lixir& #39;s main goal is to simply allow efficient allocation of capital to liquidity pools. Allocation is directly tied to ROI, which means the less capital you can lock up to earn a certain return, the better ROI you have.
๐๐ข๐ช๐ฎ๐ข๐๐ข๐ญ๐ฒ ๐๐จ๐ง๐๐๐ง๐ญ๐ซ๐๐ญ๐ข๐จ๐ง ๐ฆ๐๐ง๐๐ ๐๐ซ
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐งฌ" title="DNA" aria-label="Emoji: DNA">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โ๏ธ" title="Waage" aria-label="Emoji: Waage">It& #39;s a program that pools assets from users and automatically rebalances the concentration of your liquidity as price moves to maximize ROI on the next generation of AMMs like Uniswap v3.
๐๐ข๐ช๐ฎ๐ข๐๐ข๐ญ๐ฒ ๐๐จ๐ง๐๐๐ง๐ญ๐ซ๐๐ญ๐ข๐จ๐ง
https://abs.twimg.com/emoji/v2/... draggable="false" alt="2โฃ" title="Tastenkappe Ziffer 2" aria-label="Emoji: Tastenkappe Ziffer 2">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โ
" title="Fettes weiรes Hรคkchen" aria-label="Emoji: Fettes weiรes Hรคkchen">They do two main things
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ฅ" title="Feuer" aria-label="Emoji: Feuer">Incentivize new liquidity to come in so rebalancing is possible when the price of a pair moves
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ฅ" title="Feuer" aria-label="Emoji: Feuer">Auto manage rebalancings & incentives so that users earn fees and LP rewards consistently
๐๐๐ฌ ๐๐๐๐ฌ
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โฝ๏ธ" title="Benzinpumpe" aria-label="Emoji: Benzinpumpe">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ณ" title="Kreditkarte" aria-label="Emoji: Kreditkarte">Users only spend gas when entering or exiting the pool, and the gas costs are limited to calculating the value of their incoming/outgoing assets. The fees are paid by the incoming users at each re-balance event, for which they are rewarded.
๐๐จ๐ค๐๐ง๐จ๐ฆ๐ข๐๐ฌ
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ช" title="Coin" aria-label="Emoji: Coin">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โ
" title="Fettes weiรes Hรคkchen" aria-label="Emoji: Fettes weiรes Hรคkchen">Ecosystem: Tokens will benefit liquidity providers on Lixir, LP for $LIX itself and potential partnerships
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โ
" title="Fettes weiรes Hรคkchen" aria-label="Emoji: Fettes weiรes Hรคkchen">Team: Is vested for the current, future, & other long-term team members
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โ
" title="Fettes weiรes Hรคkchen" aria-label="Emoji: Fettes weiรes Hรคkchen">Treasury: Tokens used to grant community projects & other proposals
๐๐ก๐ ๐๐ข๐ฑ ๐๐จ๐ค๐๐ง
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ช" title="Coin" aria-label="Emoji: Coin">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โ
" title="Fettes weiรes Hรคkchen" aria-label="Emoji: Fettes weiรes Hรคkchen">2 purposes
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ฅฉ" title="Stรผck Fleisch" aria-label="Emoji: Stรผck Fleisch">Staking enables you to farm by staking your liquidity or providing liquidity for the token itself
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ณ๏ธ" title="Wahlurne mit Stimmzettel" aria-label="Emoji: Wahlurne mit Stimmzettel">A governance token where holders vote for which new pairs are added to the platform & change the staked amount thresholds for classes
๐๐จ๐๐๐ฆ๐๐ฉ
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ฃ๏ธ" title="Autobahn" aria-label="Emoji: Autobahn">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐บ๏ธ" title="Weltkarte" aria-label="Emoji: Weltkarte">
๐๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ค" title="Denkendes Gesicht" aria-label="Emoji: Denkendes Gesicht">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โ" title="Rotes Fragezeichen-Symbol" aria-label="Emoji: Rotes Fragezeichen-Symbol">The team wishes to remain anonymous at this time. I know that poses a red flag to many in regards to investing. However, I will say that very few teams put forth the effort this one has towards a project.
๐๐๐๐๐๐ซ๐ฌ๐ก๐ข๐ฉ
https://abs.twimg.com/emoji/v2/... draggable="false" alt="2โฃ" title="Tastenkappe Ziffer 2" aria-label="Emoji: Tastenkappe Ziffer 2">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐ค" title="Robotergesicht" aria-label="Emoji: Robotergesicht">The team took it upon themselves to to release the token at an artificially high price to thwart bots, would not accept VC funds, and have designed a mathematical formula aimed at helping investors maximize returns.
๐๐ผ๐ป๐ฐ๐น๐๐๐ถ๐ผ๐ป
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐" title="Offenes Buch" aria-label="Emoji: Offenes Buch">
https://abs.twimg.com/emoji/v2/... draggable="false" alt="โ๏ธ" title="Schreibende Hand" aria-label="Emoji: Schreibende Hand">Lixir has a solution for a serious problem in regards to wasted liquidity and maximizing ROI for LPs. Lixir should do exceptionally well due to being the 1st mover in the space, having a token with an actual use case, & solving a major problem in DeFi
๐ฅ๐ฒ๐ณ๐ฒ๐ฟ๐ฒ๐ป๐ฐ๐ฒ๐
https://abs.twimg.com/emoji/v2/... draggable="false" alt="๐" title="Schriftrolle" aria-label="Emoji: Schriftrolle">
https://balancer.exchange/#/swap/0xd0345D30FD918D7682398ACbCdf139C808998709
https://balancer.exchange/... href=" https://lixir-finance.medium.com/lixir-mechanics-6281f7febafd">https://lixir-finance.medium.com/lixir-mec... https://lixir.finance/ ">https://lixir.finance/">...
https://balancer.exchange/#/swap/0xd0345D30FD918D7682398ACbCdf139C808998709
https://balancer.exchange/... href=" https://lixir-finance.medium.com/lixir-mechanics-6281f7febafd">https://lixir-finance.medium.com/lixir-mec... https://lixir.finance/ ">https://lixir.finance/">...