1H
0.16%$0.0001
24H
-0.27%$0.0002
7D
-3.45%$0.0020
30D
25.5%$0.0116
The blockchain technology can simply be explained as a decentralized open ledger system of adding, verifying and then recording transactions between peers in a transparent, efficient and irreversible manner.
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.