Home » What Roles do Liquidity Pools Play in Decentralised Finance (DeFi): Explained

What Roles do Liquidity Pools Play in Decentralised Finance (DeFi): Explained

Liquidity pools are like reservoirs of cryptocurrencies locked within blockchain-based smart contracts. Anyone can become a “liquidity provider” for a DeFi protocol by depositing their crypto tokens into these smart contracts, pooling their assets alongside those of other participants. Gadgets 360 Read More 

​ Liquidity pools are like reservoirs of cryptocurrencies locked within blockchain-based smart contracts. Anyone can become a “liquidity provider” for a DeFi protocol by depositing their crypto tokens into these smart contracts, pooling their assets alongside those of other participants.