1H
-0.32%$0.0004
24H
0.11%$0.0001
7D
-6.17%$0.0080
30D
-44.0%$0.0957
Decentralized finance has been at the center of the cryptocurrency blaze recently, and the liquidity pool is an essential aspect of DeFi. In this article, we’ll be describing the concept of liquidity pools, explain why we need them and how they work.
When preparing an update on a blockchain, first the development team needs to understand the task and requirements at hand. There are lots of available solutions out there nowadays in hashing algorithms and consensus mechanisms.