An Automated Market Maker (AMM) & the core of Baryon Network.

Why AMMs?

From our point of view, AMM has the upper hand over CLOB-Based DEX in terms of user experience as well as protocol management.
Over the past two years, DeFi users have become extremely familiar with exchanging assets using Uniswap and a variety of other AMMs instead of order book DEXs, which would be difficult to change their habits.
In addition, it is easier for builders to manage liquidity flow within the protocol using the popularly used x*y=k AMM design. The design also enables the assets to reach their price discovery stage as quickly as possible - one of the main reasons why retail investors are in crypto.