Crypto investment research on DeFi, mining economics, token models, protocol due diligence, and on-chain data analysis.https://0xmc.com/https://0xmc.com/posts/2023-01-16-uniswapv3-crvusd-llamma/https://0xmc.com/posts/2023-01-16-uniswapv3-crvusd-llamma/The most difficult part of Curve's stablecoin design is LLAMMA, an AMM for continuous liquidation and deliquidation. LLAMMA builds on some of the principles behind Uniswap v3, but the price definitions in the Curve whitepaper differ from those used in the Uniswap v3 whitepaper. This article unifies the two frameworks and explains the intuition behind the algorithm.Mon, 16 Jan 2023 00:00:00 GMThttps://0xmc.com/posts/2022-02-28-curve-newton-method/https://0xmc.com/posts/2022-02-28-curve-newton-method/Reference and Innovation in Newton's Method CodeMon, 28 Feb 2022 00:00:00 GMT