Token swap program

[aoikurokawa]

Useful links

• https://github.com/solana-labs/solana-program-library/tree/master/token-swap
• https://spl.solana.com/token-swap

[aoikurokawa]

https://balancer.fi/whitepaper.pdf#single-asset-deposit-withdrawal

[aoikurokawa]

https://www.reddit.com/r/ethereum/comments/55m04x/lets_run_onchain_decentralized_exchanges_the_way/

[aoikurokawa]

https://blog.gnosis.pm/building-a-decentralized-exchange-in-ethereum-eea4e7452d6e

[aoikurokawa]

How to set the token price in a liquidity pool?

1 m Market cap, 1 USD / token market cap = token price * total supply total supply = market cap / token price total supply = 1 m / 1 = 1m

[aoikurokawa]

https://pintail.medium.com/uniswap-a-good-deal-for-liquidity-providers-104c0b6816f2

[aoikurokawa]

• Uniswap, Pancakeswap... can only deposit 2 assets.
• Balancer -> Add up to 8 assets.

Impermanent loss

liquidity bootstrapping pools

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