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How does liquidity work on a DEX?
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Joined: 1/22/2024(UTC) Posts: 39  Location: new york
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Liquidity providers (LPs) deposit equal amounts of two crypto assets into a liquidity pool on a DEX like PancakeSwap. This pool facilitates trades between users, and LPs earn fees proportional to their contribution. LPs play a crucial role in ensuring smooth trading on the DEX. source: https://www.blockchainappfactory.com/pancakeswap-like-decentralized-exchange
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Biznas
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How does liquidity work on a DEX?
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