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how Uniswap Works

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You might be wondering what is an Automated Market Maker (AMM). Well AMM allows traders to buy & sell certain coins using an algorithm that decides price based on demand & supply. As someone buys one asset, it gets more & more expensive as there is less of it. Similarly on the flip side, if someone sells an asset, it gets cheaper & cheaper. All of this is pure supply and demand as I mentioned…