NEM's DeFi Glossary - #3 Liquidity Pool
My #NEM 's DeFi Glossary 101:— Brit Gaile 🐩 (@BritGaile) October 19, 2020
#3 - Liquidity Pool
Is an integral part of DeFi ecosystem. As a pool of tokens that are locked in a smart contract, it does not only provide liquidity to trading in decentralized exchanges (DEXs), but also act as a market maker.