UNISWAP V2

please can some of the smart anons who still post here redpill us on uniswap

Attached: Screen Shot 2020-05-19 at 11.35.59 AM.png (566x148, 119.01K)

Other urls found in this thread:

cointelegraph.com/news/bancors-upcoming-v2-upgrade-to-solve-defis-dirty-little-secret
twitter.com/haydenzadams/status/1255584208631861250?s=20
mesa.eth.link
twitter.com/NSFWRedditGif

it needs more liquidity

You are the worst kind of zoomer. Born with all the benefits and luxuries of the internet. But still can't google that shit. Do better user. Better yet, ask a pointed question instead of asking us to feed you tendies.

Normies love easy shit and unicorns.
buy early and expect 10x.

How does price appreciate without order books?

If you provide liquidity you get some dollar dollar sign from fees, that is if you put in at same price as you take it out

Liquidity pools. Look it up.

you're right, im sorry.
OK how about this: plz redpill us on "impermanent loss". Guys at Bancor and many other teams claim to solve it, eg cointelegraph.com/news/bancors-upcoming-v2-upgrade-to-solve-defis-dirty-little-secret , but the lead guy from Uniswap, Hayden, says it's never truly solved: twitter.com/haydenzadams/status/1255584208631861250?s=20

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add liquidity - 10 eth and 1000 link (assuming link is at 0.01)
some fag buys 10 link
this ratio has to keep same:
10 * 1000 = newEth * 990
newEth = 10000/990
newEth = 10.101

something like this

So price is dictated by liquidity/volume rather than what the two parties are willing to buy/sell it for? Seems like this approach woudlt fair well in a bull run or ever allow one to begin