Gadgets: What Roles do Liquidity Pools Play in Decentralised Finance (DeFi): Explained

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What Roles do Liquidity Pools Play in Decentralised Finance (DeFi): Explained

Liquidity pools are like reservoirs of cryptocurrencies locked within blockchain-based smart contracts. Anyone can become a "liquidity provider" for a DeFi protocol by depositing their crypto tokens into these smart contracts, pooling their assets alongside those of other participants.

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