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Is everyone allowed free access to the testnet? Apart from

IL reduction, what else can ALBT DEX boost of over other competitors?

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We worked to reduce the IL at the core of the AMM. The AMM will offer a similar entry ratio to Uniswap with any weight you choose for IL reduction which is not the case with Balancer for example. There are interesting properties on the slippage as well - the calculation to predict the slippage is less straightforward which should make front-running more challenging. Also the approach is new and opens the road for further research.

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