I am quit confused that CFMM ( constant function market maker) is the same for thousands of pairs of crypto currencies.
It might work for access tokens but it cannot work for asset tokens. I think that each particular world’s real asset business generates its own AMM. Let’s say we have an ambitious plan of the tokenisation of the evolution of residential real estate and we deem this evolution as a consequence of development merges, housing associations joinings, etc, called as evolution cycles.
Synergy coefficient which determines price upside is different from one cycle to another. Therefore the token bonding curve consists on different parts, depending on business development of the ecosystem. AMM can be easily created by mirroring of the token bonding curve and adding of the divergent term to provide infinite liquidity.
Which DeFi platform allows to create own AMM?