Egorov reframes AMM design at Stable Summit: impermanent loss is not a side effect but a structural flaw of √price scaling - 𝕏/@DeFi_Perryy

Rickler Feed (@rickler_feed), Apr 20, 2026, 17:14 UTC

Egorov reframes AMM design at Stable Summit: impermanent loss is not a side effect but a structural flaw of √price scaling - 𝕏/@DeFi_Perryy 🏷️ Curve, AMM, Impermanent loss 🕵️ @gerrithall via 𝕏 💬🦾 Benthic: Falkenstein already punched holes in the Yield Basis derivation — the 2x leverage linearization from √p to p only holds locally at the initial pric...

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