Liquidity pools on decentralized exchanges (DEX) like Uniswap are unlike how traditional exchanges operate. A pool refers to a set of two tokens provided by users to a DEX, which then uses smart contracts to match trades and automatically increase or reduce prices at which the two tokens trade with each other.
Related posts
-
Solana Celebrity Tokens Down 94%, MOTHER Holders Clap Back
Recently, the crypto community saw the surge of a new memecoin frenzy with celebrity-endorsed cryptocurrencies. The... -
Bitcoin Price Recovers Lost Ground: Is the Bull Run Back?
Bitcoin price found support near the $63,500 zone. BTC is now rising and showing positive signs... -
Bitcoin.com to Airdrop VERSE Tokens
Active users of the Bitcoin.com Wallet app to be rewarded with Bitcoin.com’s ecosystem token VERSE. Bitcoin.com,...