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

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

The decentralized finance (DeFi) sector aims to remove intermediaries like central banks and brokers from financial transactions, focusing mainly on crypto-based services. In this article, we’ll explore liquidity pools, often described as the driving force behind the smooth operation of DeFi protocols. Liquidity pools allow users to quickly convert assets…