In-class lab · 62 minutes
Session 8 — The lemonade AMM (in-class lab)
In one sentence. x \times y = k. Seed your bowl. A classmate not on your team must swap.
You will (in class)
- Run the Quiz 2 Demo; fill L2 / IL; see trader reverse vs LP gap.
- Type your A4 piles (or a labeled example — do not invent a live quote).
- Seed the team pool; get one external swap.
After class
Run All on L2. Paste your A4 piles into Q5, not the 200/100 demo.
You will not
- treat spot and average as the same
- charge fees in the class bowl (there are none)