Why Liquidity Bootstrapping Pools Changed How I Think About Raising Capital (and How You Should Design Your AMM)
Okay, so check this out—liquidity bootstrapping pools (LBPs) felt like a neat trick when I first saw them. Whoa! They flip the usual token sale script, making price discovery a dynamic, market-driven process instead of a hype-driven lottery. That felt liberating. My instinct said: finally, a way to reduce early speculation and let real demand […]
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