1H
0.52%$0.0327
24H
0.73%$0.0458
7D
1.07%$0.0669
30D
3.84%$0.2337
The Melon protocol brings together a collection of open-source blockchain rules and smart contracts, which are collectively referred to as Melon. This protocol is built on Ethereum, and it is designed in such a way that it can, later on, be deployed on other blockchain platforms in the foreseeable future.
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.
The guide deals with a novel liquidity pool platform SushiSwap, which is an Ethereum-based decentralized exchange (DEX) with an Automated Market Making system (AMM).