@kristos
Have you heard about PropAmms?
Allow me walk you through it, nevertheless I am your best DeFi educator.
- you can't understand propAmms without understanding what is Amm.
Amm is known as Automated Market Maker it is simply a foundational protocol on defi that does not rely, order book, centralised intermediary or manually matching traders together rather it relies on smart contract to peer users and pool liquidity from reserves contributed by users(liquidity providers). So simple, now that we have that out of our way.
What is PropAmm?
It is known as proprietary Automated Market Maker or private Automated Market Makers,it is unlike the traditional AMMs. This is a concept introduced mainly on the solana blockchain, solana is one of the networks where innovation exists rapidly.
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