Uniswap V3, Financial Engineering, Stochastic Process, Pricing, Martingales.
parameterization of market-making is not feasible. Can we select the optimal market-making range? We just need to rearrange the formula and use some simple calculus. Simplifying, we have: Should we maximize E[V]? Not. Earning $1 per hour is better than earning $10 per day. Therefore, our