# core concepts

- [AMM](/core-concepts/amm.md)
- [Constant Product Market Maker](/core-concepts/amm/constant-product-market-maker.md)
- [Problem: Lazy Liquidity](/core-concepts/amm/problem-lazy-liquidity.md)
- [Concentrated Liquidity](/core-concepts/amm/concentrated-liquidity.md)
- [Positions](/core-concepts/positions.md)
- [Liquidity Mining](/core-concepts/liquidity-mining.md)
- [Fees](/core-concepts/fees.md)
- [Governance](/core-concepts/governance.md)
- [Launchpad](/core-concepts/launchpad.md)