Most DEXs give liquidity providers a box to work inside.
@baibai_cx basically removes the box.
You can see it in the way they talk about PropAMM. V2 gave LPs more control over pricing, V3 pushed that further, and V4 made it even more flexible.
PropAMM takes that idea somewhere else, giving professional market makers much more freedom over how they quote.
If you're asking professional market makers to bring their liquidity onchain, why force them to work with the same constraints as a passive LP?
And if their quote isn't the best one, BaiBai can still look across other venues for the better price.
FT:
@mteamisloading ||
@Spire_Labs