Compare
Four documents, the same five questions.
No throughput league table and no yield. The cells are what this library is willing to say about the text.
| Question | Automatic market-making with dynamic peg |
|---|---|
| What the text proposes | Stableswap concentrates liquidity around a fixed price of one. This paper moves that concentration so it can follow a moving price between volatile assets. The pool reprices itself from its own trades. It does not know the outside world except through those trades. |
| Who may write | Michael Egorov |
| What is settled | An invariant in the stableswap family, transformed so the peg is a price vector rather than one. |
| Load-bearing assumption | A self-referential price can be pushed. The paper's transformation is not a manipulation-proof oracle. |
| What this library says afterwards | The invariant does not pay liquidity providers a fixed rate. Fees depend on volume and on the parameters. |
| Rights | Official external source only |