A fantastic exploratory piece by Mark.
10 Aug 2023, 10:22
A fantastic exploratory piece by Mark.
Not surprising that an "un-sandwichable" user trade can exist, but on an average $2M pool with 0.3% fee it can only be up to ~$3k in size.
Interesting that if the fee was ~10x the trade size can be ~10x while staying un-sandwichable!