Thanks for the analysis, the counter points below. 1) Simple XYK is necessary to quote from 0<>Infinity.

03 Oct 2023, 07:23
Thanks for the analysis, the counter points below. 1) Simple XYK is necessary to quote from 0<>Infinity > Range bound liquidity cannot do this > Infinite quoting is required to support Liquidity Synths > Synths are needed for fast/cheap arbitrage against slow/expensive L1s…