Great article on when protocols should launch tokens. It is clear that tokenomics is not about just technical arrangements but finding real utility and demand
In this thread, I will detail everything necessary to understand the Liquidity Book🧵
What are we going to talk about?
🟣 What is Liquidity Book?
🔵 Why it was a necessity?
🔴 What changed from Trader Joe V1?
🟠 Comparison of Uniswap V3 and Liquidity Book
🟢 What is the novelty of Liquidity Book?
🟡 What benefits Liquidity Book offers?
🟣 What is Liquidity Book?
The Liquidity Book is a brand-new AMM that is developed by Trader Joe
The method of concentrated liquidity known as "Discretized Liquidity" is used in the Liquidity Book