💧 Liquidity pools are more important than I first thought.
I was using Ston.fi mainly for swaps so I didn't pay much attention to the pools.
Then I started checking how they work.
A liquidity pool keeps tokens available for people who want to swap.
For example you can have a pool with two tokens.
When someone swaps between them the pool provides the liquidity for that trade.
That made me look at swaps differently.
I now understand that there is more happening behind a simple “Swap” button.
This is one of the DeFi topics I found worth learning because it explains how the whole swap process works.
#STONfi #TON #LiquidityPools #DeFi
I was using Ston.fi mainly for swaps so I didn't pay much attention to the pools.
Then I started checking how they work.
A liquidity pool keeps tokens available for people who want to swap.
For example you can have a pool with two tokens.
When someone swaps between them the pool provides the liquidity for that trade.
That made me look at swaps differently.
I now understand that there is more happening behind a simple “Swap” button.
This is one of the DeFi topics I found worth learning because it explains how the whole swap process works.
#STONfi #TON #LiquidityPools #DeFi