What is Liquidity Pool Token? To determine the share of a liquidity provider in a pool, platforms generate a new token for the pair. This token is known as liquidity pool token or LP token. They generate in accordance to the pair and share of the pool. For example, if a trader contribute $40 worth of KMD and USDT to a Binance smart chain pool with a total value of $200. … [Read more...] about What are Liquidity pool tokens?
When you are investing assets to earn interest or profit you have to keep this in mind. Impermanent loss refers to the price change in your asset when invested vs now. In other words, it is temporary. The difference between the original price (at the time of investing) of your asset vs the current market value is called Impermanent loss. This means less dollar value for … [Read more...] about What is impermanent loss?
What is a liquidity Pool? Liquidity pools are a collection of coins and tokens locked in a smart contract. These liquidity pools facilitate decentralized trading and lending. The ever expanding world of DEFI is generating new ideas such as yield farming, etc. All of these models have adapted liquidity pools as their backbone. One of the first platform to integrate … [Read more...] about What are liquidity pools
Decentralized Bridges to Connect Cryptocurrencies Bridges in the verus ecosystem are a feature of Public Blockchain as a service. These bridges will allow other cryptocurrencies to flow in the verus ecosystem. Bridges will allow blockchain interoperability for the verus ecosystem. Users will be able to freely trade coins from other ecosystems due to bridges. This includes … [Read more...] about Verus Bridges Explained
What is Komodo DeFi Engine? Komodo DeFi Engine (KDE) previously known as Market Maker 2 (MM2) is the primary protocol that powers the atomic swap process. It allows Atomic DEX to be a market leader in the world of Decentralized exchanges. KDE is a complete suite of open-source blockchain development tools, which includes an atomic swap engine (backend/core), APIs … [Read more...] about Komodo DEFI Engine and trading process explained