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Cryptocurrency’s Liquidity Pool Explained in Simple Terms

Vitaliy Basiuk
Contributor
Alissa Adams
Editor Fact checked
December 23, 2022 | UPD: April 28, 2023 | 10 mins min. reading | 1,337

Cryptocurrency’s Liquidity Pool Explained in Simple Terms

What are liquidity pools? How do they work? What do they have in common with decentralized finances (DeFi)? What are the differences between the liquidity pools’ protocols, such as Uniswap, Balancer and Curve? In this article, we’ll try our best to answer all of these basic questions in simple terms. Let’s roll!

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Categories:
Blockchain
DeFi
DEX
Web3
Written by
Vitaliy Basiuk
CEO & Founder

Written by Vitaliy Basiuk
CEO & Founder at EvaCodes | Blockchain Enthusiast | Providing software development solutions in the blockchain industry

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