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Joe Blau 🎩
@joeblau
What is the original protocol that Uniswap was a fork of again?
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✳️ dcposch on daimo
@dcposch.eth
uniswap was the original, sushiswap yamswap and all the other foodswaps were the clones
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Joe Blau 🎩
@joeblau
It was Bancor! They invented the AMM... I knew Uniswap wasn't first, just couldn't remember who it was lol. https://warpcast.com/yes2crypto.eth/0x2a6cc6e6
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Dean Pierce 👨💻🌎🌍
@deanpierce.eth
Bancor's AMM was overly complicated though, they had stacks of integral tables baked directly into their contract. Uniswap was the first x*y=k AMM, which was way simpler and made fees way lower. Also the factory letting anyone deploy an exchange, and being bound to ETH rather than the Bancor token was a huge win. Not really a fork.
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niko ↑
@niko
+1 not a fork lmao
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