Dai is a cryptocurrency-backed stable coin that can be generated by keeping any asset as a collateral in the protocol. According to the whitepaper of Maker protocol, Dai is a decentralized, unbiased, collateral backed cryptocurrency soft pegged to the US dollar. Read more in this article.
Balancer is a n-dimensional automated market-maker built on top of Ethereum. It allows anyone to create pool or add liquidity to customizable pools and earn trading fees.
Uniswap v3 mitigates the problem of capital inefficien by allowing liquidity providers to concentrate their liquidity. By doing so, they can provide the same liquidity depth as Uniswap v2 within specified price ranges while putting far less capital at risk.
Chainlink is a fully decentralized oracle network that enables access to real-world data to smart contracts in Blockchain. Read details in our article.
Flash protocol is an on-chain Ethereum Blockchain protocol. The protocol enables users to stake tokens and earn rewards immediately.
In this publication, we will explore what Uniswap protocol, how it works and we will further take a look at the maths behind the well-known protocol.