Uniswap uses a constant product formula to facilitate trading between different cryptocurrency pairs. This means that for any given pair, the product of the two token amounts in a liquidity pool is always constant.
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How do liquidity pools work?
Automated market makers (AMM) have changed this game. As no direct counterparty is needed to execute trades, traders can get in and out of positions on token pairs that likely would be highly illiquid on order book exchanges.
When you’re executing a trade on an AMM, you don...
JWT stands for JSON Web Token and represents an open standard (RFC 7519) that defines a compact and self-contained way for securely transmitting information between parties as a JSON object. This information can be verified and trusted because it ...
What is Bitcoin (BTC)?
Bitcoin is a decentralized cryptocurrency originally described in a 2008 whitepaper by a person, or group of people, using the alias
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