Decentralized Exchange Liquidity Provider
A DEX LP (Decentralized Exchange Liquidity Provider) is someone who deposits a pair of cryptocurrencies into a liquidity pool on a decentralized exchange (DEX) like Uniswap, SushiSwap, or PancakeSwap. These pools enable trading by providing the necessary liquidity for users to swap tokens without relying on traditional order books. In return, LPs earn a share […]