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revise pool state #5

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Oct 12, 2022
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4 changes: 2 additions & 2 deletions spec/app/ics-101-interchain-swap/README.md
Original file line number Diff line number Diff line change
Expand Up @@ -34,7 +34,7 @@ Users might also prefer single asset pools over dual assets pools as it removes

`Right-side swap`: a token exchange that specifies the desired quantity to be purchased.

`Pool State`: the invariant value of a liquidity pool which is derived from its token balances and weights inside.
`Pool state`: the entire state of a liquidity pool including its invariant value which is derived from its token balances and weights inside.

### Desired Properties

Expand All @@ -51,7 +51,7 @@ Users might also prefer single asset pools over dual assets pools as it removes

#### Invariant

A constant invariant is maintained after trades which takes into consider token weights and balance. The value function V (pool state) is defined as:
A constant invariant is maintained after trades which takes into consider token weights and balance. The value function V is defined as:

$$V = {Π_tB_t^{W_t}}$$

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