📄TAND3M Litepaper

1. Introduction to Liquidity Bootstrapping Pools (LBPs)

1.1. Mathematical Foundations of General Liquidity Pools

1.2. Understanding LBPs

1.3. Key Concepts Underlying LBPs

2. Weighted Balancing

2.1. Mathematical Foundations

2.2. Impact on Token Pricing

3. Token Exchange Formulas

3.1. Operation : ‘Swap Given In’

3.2. Operation : ‘Swap Given Out’

4. Spot Price Calculation

4.1. Mathematical Foundations

5. Effective Price Calculation

5.1. Mathematical Foundations

5.2. Slippage and Its Impact on Effective Price Glossary