Castle Labs | propAMMs: Better than CEX?

propAMMs are smart contracts that live onchain, allowing builders to facilitate price updates and provide competitive quotes.

> They build on the current passive AMM models, providing tangible advantages resulting in better pricing and execution than CEXs counterparts.

> This report introduces the propAMM concept, its significance, and the evolution of the propAMM ecosystem on Ethereum.👇

Source: https://substack.com/home/post/p-...
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