What Made DeFi Fun

About the journal

This journal is a collection of all the topics in DeFi that made me enthusiastic and optimistic about the concept of open, permissionless finance. It's everything before the timeline got flodded with hyperliquid, neobanks, and vaults with 20% APY with basis trade strategies. Ping me on @rohanphw if you think I missed something or if you want to collab on a topic.

Topics

01

x · y = k

Why can you buy almost all the ETH in a Uniswap pool, but never the last bit?