When I first got into crypto, I could never quite figure this out.
LPs deposit a pair of tokens at the current ratio and earn a share of the trading fees.
The deeper the pool, the less price impact a swap of the same size will have—in other words, as people often say, “more depth means less slippage.”
$UNI is the governance token of Uniswap, which popularized AMMs.
If you know someone who’s just getting into crypto, feel free to share this with them.
The data is from public sources. Please verify it for yourself.
LPs deposit a pair of tokens at the current ratio and earn a share of the trading fees.
The deeper the pool, the less price impact a swap of the same size will have—in other words, as people often say, “more depth means less slippage.”
$UNI is the governance token of Uniswap, which popularized AMMs.
If you know someone who’s just getting into crypto, feel free to share this with them.
The data is from public sources. Please verify it for yourself.