Uniswap, a DeFi protocol used to exchange cryptocurrencies, encourages the basics of using Liquidity Pools. But many other Decentralized Exchanges rely on the core principle of Liquidity Pools while differentiating themselves in terms of their practical use cases.
For example, the concept behind Automated Market Makers (AMMs) doesn’t work well for assets with similar prices like stablecoins or wrapped tokens. Curve, an exchange liquidity pool on Ethereum, has managed to offer lower fees and slippage when exchanging similarly-priced assets through its implementation of a different algorithm.
An automated market maker (AMM) protocol Balancer came up with the concept that Liquidity Pools don’t necessarily have to be limited to two assets. It allows up to 8 tokens in a single Liquidity pool.

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Most participants in the Crypto market have the same target as “a speculation”. From that, it is seen that the DeFi-based NFT’s apps as mortgage loans will be supported and developed faster than hardcode’s apps.
In order to serve in the future developments, it needs to solve the must-face issues such as gas fee and Wallet management issues. Besides lending, the user will expect more than into NFT’s development, relying on the inspiration from DeFi such as staking , insurance, ect.
All NFTs created have no the same characteristics, it needs to select the really valuable platforms and protocols to have a proper investment decision.

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Although it is very primitive, Bitcoin network is also seen as the original example of DAO. It runs under the decentralized form and is coordinated by a consensus protocol without the classification among participants.
Bitcoin protocol that defines regulations of organization while bitcoin is the currency that provides a motivation for…

Smart Contract is a term that describes the ability of self-making articles and self-implementing agreements of computer systems by using Blockchain technology. The entire operation process of the smart contract is completely automatic without interfering with external factors. Self-driving cars, turnkey rentals or insurance fees and so on are just…

Two major differences between regular Apps and Dapps are:
Instead of the user interface interacting with a traditional program, they are interacting with smart contracts.
Instead of the backend of the App being hosted on a single personal computer or on a single company’s centralized servers somewhere, DApps are hosted on many computers across the world via a peer-to-peer network and their data is recorded on a public blockchain.
With that in mind, a DApp can do anything a regular app can do, but notably it also at least the backend has the qualities of being “distributed and decentralized.”

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Smart contracts’ primary advantage is their independence. Without middlemen, there is no need to pay middlemen. This can dramatically reduce costs for major transactions. Additionally, there is no need to trust middlemen to verify and execute smart contracts correctly and quickly. As a result, smart contracts can be cheaper, faster…

Guaranteed liquidity at every price level:Traders do not have to be directly connected to other traders, because liquidity is constant as long as customers have their assets invested in the pool.

Automated pricing enables passive market making:Liquidity providers actually deposit their funds into the pool and pricing is taken care…

Dapps work according to 04 criteria mentioned in the beginning part. It means that a Dapp is an open source code software foundation, has been conducted on the decentralized blockchains, has been supplied the fuel by tokens programmed by a protocol/ an algorithm.

Being an open source code software, Dapp…

A Smart Contract has some more advantages than existing digital arguments as follows:

_Security: Running a contract in the base of the decentralized infrastructure secures no central points to be attacked, no centralized middle-man to be lubricated and no mechanism for either parties or the central administrator to fake the…

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EF1 is a Defi Platform that allows users to save, loan, borrow and pay Crypto Assets in a global network.

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