Reports
The future of financial liquidity: CBDCs and Automated Market-Making
April 13 2023 | 1 min read
Abstract: AMM and decentralized liquidity pools are the subject of ongoing exploration by central banks. There is great interest in adapting the control mechanisms created by DeFi for CBDC liquidity management. We show that this is possible with some refinement and careful design, though important questions remain to be considered.
Tags: