Recently, Trade joe V2 became popular because it grabbed a large amount of Arb trading shares from Uniswap, and the currency price quickly doubled. So how exactly is it done? What should we pay attention to when providing liquidity?
This article will give you an in-depth understanding of the mechanism of Joe V2, analyze why it can obtain a large share of $ARB transactions, as well as the advantages and disadvantages of the product, and help you better understand DEX.
Trade Joe V2 in a nutshell:
AMM is similar to an order book, using discontinuous liquidity
Minimum price precision is based on a ratio rather than a fixed value