🐒 Glossary

Common DeFi vocabulary

Bonding Curve: a mechanism that determine's a token's price based on its circulating supply. Each emojicoin markets starts in a bonding curve (implemented as a CLAMM) before transitioning to a CPAMM.

Concentrated Liquidity Automated Market Maker (CLAMM): an AMM design where liquidity is selectively confined to one or multiple price ranges.

Constant Product Automated Market Maker (CPAMM): the most popular AMM design

• Uniswap v2 style (xy = k), where x and y represent the quantities of two assets in a liquidity pool, and k is a constant.

emojicoin: a coin with an emoji as a symbol. Emojicoins are the only tradeable assets on emojicoin.fun, and are enabled by a novel hexadecimal encoding technique.