quick is the principal amm (uniswap fork) for polygon (previously matic - an l2 ethereuem chain).
considering the recent interest in BSC (l2 chain) and the popularity of its principal amm (pancake swap), matic and quick are starting to draw attention. of particular interest should be the ratio of an amm token marketcap to its underlying blockchain marketcap - which for quick is comparatively undervalued. the movements of poly and quick are clearly tied but which moves 1st and which follows - which is the chicken and egg? is there a signal in the relationship?
considering the recent interest in BSC (l2 chain) and the popularity of its principal amm (pancake swap), matic and quick are starting to draw attention. of particular interest should be the ratio of an amm token marketcap to its underlying blockchain marketcap - which for quick is comparatively undervalued. the movements of poly and quick are clearly tied but which moves 1st and which follows - which is the chicken and egg? is there a signal in the relationship?