Tarun Chitra publishes paper “Improved Price Predictor: Constant Function Market Maker”

A member of the security analysis platform Gauntlet and Stanford PhD student Guillermo Angeris and the DeFi simulation platform Gauntlet Networks CEO Tarun Chitra published a paper “Improved Price Predictor: Constant Function Market Maker”. This paper analyzes a variety of automated market makers. Constant product market makers, including popular market makers such as Uniswap and Balancer. This article gives sufficient conditions. Under this general assumption, the agents that interact with it get sufficient incentives to accurately report the price of an asset. In addition, some other useful attributes are derived, including path-independent Liquidity provider benefits.