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AMM design #60

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@kayabaNerve

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I believe the main question would be if we want to support a Uniswap v2 or v3-esque model. The latter would have increased internal complexity, yet offer functionality such as effective limit orders and greater LP-control over their positions. It would also naturally have a more complicated API we may not be interested in presenting to users.

The questions become:

  • Implementation complexity
  • Natural API complexity
  • Side effects of concentrated liquidity on the overall economy
  • Hybrid designs, such as fully symmetric liquidity providing, yet still offering limit orders (the one exception)

Related to #58, and potentially should be merged under it.

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