Basic overview

Basic overview

Alcor Finance AMM is encouraged by Uniswap V3 invariant


(x+LPb)(y+LPa)=L2(x + \frac{L}{\sqrt{P_b}})\cdot (y + L\cdot \sqrt{P_a}) = L^2

L is liquidity
P is current option price
PaP_a, PbP_b define the option price range

Providing liquidity image