🔮 The Past, Present and Future of #Decentralized #Finance
🪬 Smart contract-based #liquidity #pools and automated market makers (#AMMs) enabled users to trade from pools managed by #smartcontracts. While the decentralized #trading platform solved the liquidity problem, it also provided users with the opportunity to make fast and secure #swaps
https://medium.com/veniceswap/the-past-present-and-future-of-decentralized-finance-61d23130042a
🪬 Smart contract-based #liquidity #pools and automated market makers (#AMMs) enabled users to trade from pools managed by #smartcontracts. While the decentralized #trading platform solved the liquidity problem, it also provided users with the opportunity to make fast and secure #swaps
https://medium.com/veniceswap/the-past-present-and-future-of-decentralized-finance-61d23130042a
Medium
The Past, Present and Future of Decentralized Finance
At the time we wrote this article, the total market capitalization of decentralized finance-focused crypto assets exceeded USD 120 billion…
⛳️ What are the Advantages and Uses of #DeFi #Applications
🪁 #AMMs are DeFi applications that automatically create #markets by using mathematical formulas to determine the price of a #token based on the proportion of #assets stored in the #platform’s #liquidity #pools, rather than the supply-and-demand method used on most centralized #exchanges
https://medium.com/veniceswap/what-are-the-advantages-and-uses-of-defi-applications-a5f4ed85df86
🪁 #AMMs are DeFi applications that automatically create #markets by using mathematical formulas to determine the price of a #token based on the proportion of #assets stored in the #platform’s #liquidity #pools, rather than the supply-and-demand method used on most centralized #exchanges
https://medium.com/veniceswap/what-are-the-advantages-and-uses-of-defi-applications-a5f4ed85df86
Medium
What are the Advantages and Uses of DeFi Applications
DeFi (Decentralized Finance), one of the important use cases of blockchain technology, has gained popularity in recent years and is now…