“What Is a Liquidity Pool? Explained Simply 💧”
Target audience: Beginners in DeFi.
A liquidity pool = a pot of crypto assets locked in a smart contract.
Traders use it for swapping tokens, and you can earn fees by adding your crypto to it.
💡 Example: ETH-USDC on Uniswap.
You earn a % fee when people trade using that pool.
But beware of impermanent loss.
_Ever provided liquidity? How was your experience?_👇
#DeFi #CryptoEducation #LiquidityPools #Write2Earn