ETH-GBX Price Board

ETH Price: Loading... KRW / Loading... USD

GBX Price: 0 KRW / 0 USD

ETH Quantity: 0 ETH

GBX Quantity: 0 GBX

ETH Tilt: 0%

GBX Tilt: 0%

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About AMM and Seesaw Calculator

An Automated Market Maker (AMM) is a type of decentralized exchange (DEX) protocol that uses mathematical formulas to set the price of assets. Instead of using an order book like traditional exchanges, assets are priced according to price algorithms. One of the most popular AMM models is Uniswap's constant product formula: x * y = k.

This seesaw calculator uses AMM to adjust the prices and quantities of ETH and GBX. The initial pool consists of 10 ETH and 40,000 GBX, and this formula ensures that the product of the assets remains constant.

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Let me explain it simply

To make it easier to understand AMM, let's compare it to a seesaw. Imagine one end of the seesaw has ETH and the other end has GBX. To keep the seesaw balanced, the weights on both sides must remain equal. AMM creates the rules to keep the seesaw balanced.

If more ETH is added to one end, the AMM will adjust the quantity of GBX on the other end to maintain balance. This way, the seesaw always stays balanced, adjusting the prices and quantities of ETH and GBX accordingly.