Rewarding Liquidity Providers

Using a commission in our automated market maker to reward liquidity providers

Tracking Liquidity in the Automated Market Maker

Using Liquidity Provider Tokens (LP tokens) to keep track of who provided liquidity to the Automated Market Maker (AMM)

Adding Liquidity to the AMM

Adding/removing liquidity from the Automated Market Maker

Trading the Automated Market Maker

This post is part of a series on DeFi. Here is the previous post, and this is the first post in the series. We've seen how buying and selling from the Automated Market Maker (AMM) alters the token price. Now let's see what it looks like when we have multiple people (counterparties) buying from and …

Refactoring the Ruby Automated Market Maker

This is the second in a series of blog posts about DeFi. The first post is here. In the last post, we implemented the buy method of our Automated Market Maker (AMM) like this: # Counterparty pays `amount` eth for some tokens def buy(amount) ether = amount.to_f @ether_reserve += ether new_token_reserve = @konst / @ether_reserve …