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How to Think Like a Liquidity Architect: AMMs, BAL Tokens, and Asset Allocation That Actually Works
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Okay, so check this out—automated market makers (AMMs) changed DeFi. Whoa! They didn't just change trading. They rewired how liquidity, incentives, and asset allocation interact on-chain. My instinct said this would be simple at first, but actually, wait—there's a lot under the hood, and some of it is subtle and surprising. At a glance, AMMs…
