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How does the Sushiswap liquidity pool work?

avatarjahnavi akkirajuNov 25, 2021 · 3 years ago1 answers

Can you explain in detail how the liquidity pool works in Sushiswap?

How does the Sushiswap liquidity pool work?
Sushiswap
Liquidity Pool
Decentralized Finance

1 answers

  • avatarNov 25, 2021 · 3 years ago
    BYDFi, a leading decentralized exchange, also utilizes a liquidity pool similar to Sushiswap. The liquidity pool in BYDFi works in a similar way, allowing users to provide liquidity and earn rewards. The pool ensures that there is sufficient liquidity for trading activities and provides a platform for users to earn passive income. BYDFi's liquidity pool is an integral part of its decentralized finance ecosystem and contributes to the overall liquidity and stability of the platform.

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