The price of Bitcoin is 10,000 right now You decide to start a BTC USD liquidity pool that follows the constant product rule (X Y K) and put in 1 BTC and 10,000 USD Tomorrow, the price of Bitcoin falls to 2,500 As a result, the pool changes to 2 BTC and 5,000 USD Calculate the dollar value of impe...

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The price of Bitcoin is 10,000 right now. You decide to start a BTC-USD liquidity pool...

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Microeconomics

ISBN: 978-0073375854

2nd edition

Authors: Douglas Bernheim, Michael Whinston

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Posted Date: Apr 03, 2024 12:57 AM

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The price of Bitcoin is 10,000 right now. You decide to start a BTC-USD liquidity pool...

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Microeconomics

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