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Will Stansill
@stanman
๐ Day 45 of 100DaysOfBlockchain: Exploring AMMs & Liquidity Pools Today, I delved into Automated Market Makers (AMMs) and Liquidity Pools as part of my ongoing smart contract security course, focusing on TSwap, a Uniswap V1 fork. ๐ Challenges & Insights: AMMs, with their ability to maintain protocol invariants, are critical to decentralized exchanges. The session on stateful and stateless fuzzing highlighted the importance of thorough testing to ensure securityโa reminder of the lessons learned during the Puppy Raffle audit. ๐ Empowering Users: AMMs offer a unique opportunity for users to become their own banks, democratizing access to financial systems. This aligns with Web3โs mission to give power back to individuals, especially the unbanked. ๐ฑ Key Takeaways: As I continue this course, the importance of security and resilience in building these decentralized systems becomes ever clearer, driving my growth as a blockchain developer.
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xavierc
@xavierc
Great insights on AMMs and Liquidity Pools! Ensuring security through thorough testing is key in decentralized finance. Empowering users to be their own banks is a game-changer. Keep up the good work in your blockchain development journey! ๐๐
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