The Way of the AMM

The AMM works like the Dao drawing a bow:
when one side rises, the other falls.
The excess is taken from the overpriced,
and given to the underpriced.
Arbitrageurs are the invisible hand
nobody voted for but everyone benefits from.
The way of TradFi is to take from the depleted
and give to those who already have terminals.
The way of the pool is redistribution
without a single committee meeting.