What are liquidity pools, and how do they work
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AmandaMays
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- Joined: Mon Jan 15, 2024 1:28 pm
What are liquidity pools, and how do they work
What are liquidity pools, and how do they work
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SeleneWalters
- Posts: 0
- Joined: Tue Nov 05, 2024 10:54 pm
Respuesta
Liquidity pools are basically collections of funds locked in a smart contract that help facilitate trading on decentralized exchanges (DEXs). Think of them as a big pot of money that users can contribute to, which then gets used to provide liquidity for trading pairs.