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How do LIQUIDITY POOLS work? (Uniswap, Curve, Balancer) | DEFI Explained
Liquidity pools, in essence, are pools of tokens that are locked in a smart contract. They are used to facilitate trading by providing liquidity and are extensively used by some of the decentralized exchanges a.k.a DEXes. One of the first projects that introduced liquidity pools was Bancor, but they became widely popularised by Uniswap. Curve ...
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