Decentralized Exchanges Unlock Liquidity with AMM Pools
The Edelverse strives to cater to Edelcoin holders by offering AMM pools across multiple chains and DEXs.Liquidity is a vital aspect of decentralized exchanges (DEXs), and it is achieved through the implementation of Automated Market Maker (AMM) protocols and liquidity pools. This presents an excellent opportunity for token holders to earn yields from transaction fees.
AMM, also known as Automated Market Maker, plays a pivotal role in the functioning of decentralized exchanges. Instead of traditional order books, AMM relies on liquidity pools to facilitate trading activities.
These pools contain a variety of tokens, enabling users to easily swap between them. By contributing their tokens to these pools, users become liquidity providers and can earn rewards in the form of a share in transaction fees. The Edelverse is committed to providing AMM pools on different chains and DEXs, empowering token holders to engage in liquidity provision and benefit from the yields generated through transaction fees.