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Term Of The Day
Liquidity Pool
April 25, 2023
Today’s term of the day is “Liquidity Pool.” In today’s fast-paced world of digital assets, having a seamless trading experience is vital. Our term of the day,
“liquidity pool,” is a decentralized solution that helps facilitate smoother trading and improves market efficiency, even for less popular cryptocurrencies.
A liquidity pool is essentially a shared reservoir of assets, typically cryptocurrencies, provided by users on a platform. These pooled assets are made
available to traders, with the aim of increasing buying and selling options and enhancing the overall liquidity of the market.
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and Applications
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Latest Web3 Terms
Liquidity Pool
Today’s term of the day is “Liquidity Pool.” In today’s fast-paced
world of digital assets, having a seamless trading experience is vital.
Our term of the day, “liquidity pool,” is a decentralized solution that…
Fork
Today’s term of the day is “Fork.” In the world of blockchain, a fork
represents a divergence in the network, creating two or more
separate paths with different rules and protocols. Forks can be…
Bridge
A #bridge is a program created to facilitate “cross-chain” switching
What is Decentralized Finance (DeFi)? Learn or exchange of assets across two or more distinct blockchains. This
Usecase and Examples is a useful feature since exchanging and purchasing tokens might…
June 19, 2023 4 mins Web3Crunch
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