Link Details
URL | https://antliaa007.blogspot.com/2021/01/understanding-liquidity-pools.html |
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Description | Liquidity pools lock tokens inside a smart contract, a concept first introduced by a project named Bancor. As you can gauge by the name of liquidity pools, they work as market makers in decentralized trading finance. In a centralized setting, the buyer wishes to buy any asset at a lower price and the seller wants to sell it at a higher price. The challenge is to match these orders. Low liquidity will cause lots of order cancellations and customer dissatisfaction. This is where the liquidity pool plays an important role. |
Owner | |
Add Time | 2022-09-08 05:01:55 |
Category | Business / EnergyandEnvironment / Technology |
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