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LaKine
@kryptokine
š§ What Are Liquidity Pools? š§ Liquidity pools are collections of funds locked in a smart contract, used to facilitate trading on decentralized exchanges (DEXs). These pools are essential for enabling automated market-making. š” Why They Matter: Trading Efficiency: Enables quick and seamless trading without needing direct buyers or sellers. Passive Income: Earn a share of transaction fees by providing liquidity. Decentralization: Removes the need for centralized market makers. #LiquidityPools #DeFi #Blockchain
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