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