Apr 24 • 4M
Episode 73 - How AMMs Work
Block Shots provides a basic understanding of the most important blockchain concepts in five minutes. Learn about blocks, transactions, consensus, finality, governance, etc. and many more fundamentals while having your morning coffee, commuting, or whenever you’ve got a moment.
In this episode, let’s find out how AMMs work, how the price and formulae for liquidity is determined, and what happens when the liquidity changes.