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In reply to @cld
Chris@cld
1/23/2024

What is 'automated' in AMM-LP of volatile assets is the syphoning of money from naive to sophisticated participants.

Degen
In reply to @cld
Chris@cld
1/23/2024

That reality has been obscured only by the printing of money in the form of speculative protocol tokens distributed to LPs.

Degen