How Behodler swap dapp and SCX work behind the scene ? — Let’s explore the theory of the swaps and the liquidity token SCX to understand how Behodler fulfill its aims. If you have not yet, please first read the first part here : https://pao10.medium.com/behodler-series-a8f6e2b8cf1 Also, this article will use some concepts about constant product AMM like Uniswap. If you’re not sure…

It’s important to understand how most AMM work today so let’s have a look at that. Let’s take the example of the most known example, Uniswap V2. 1) Swapping a token on Uniswap The steps are basically the same as a traditional exchange : you put an amount of token…

Overview of Behodler : What is it and what is its aim ? — Behodler is a liquidity protocol built on the Ethereum blockchain. Its ecosystem fits into decentralized finance (DeFi) and aims to be governed by a decentralized autonomous organization (DAO). What value does Behodler bring to DeFi and crypto ? Firstly, the Founder of Behodler, Justin Goro, noticed that current existing AMM mechanics boost liquidity for stablecoins when liquidity for some other…