It is used in DeFi projects for token price fixing, liquidity management in decentralized exchanges (DEX), and facilitating project governance.
ManuelRD
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#AKEBinanceTGE
"AKEDO (AKE) TOKEN" (Akedo Token Generation Event), specifically the (Link Curve Edition), presented by Binance Wallet.
Link curves are mathematical functions used in the cryptocurrency and decentralized finance (DeFi) space to determine the price of a token based on its supply.
Price determination:
Link curves automatically adjust the price of a token as the supply increases (with purchases) or decreases (with sales).
Liquidity:
They provide continuous liquidity for a token, allowing for buying and selling at any time without the need for intermediaries or traditional order books.
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