
Decentralized exchange or not?
For me, decentralized exchange has always meant that any compatible token can be added with any amount of liquidity.
Nowadays, when cross-blockchain decentralized exchanges have been created, some require owners of the exchange to add tokens to the exchange, so same token in multiple blockchains can be treated as one.
This mean the person creating the individual liquidity pools doesn't have to pay the creation fee, so adding tokens is cheaper.
However, this allows the exchange owners to restrict possible tokens and token pairs depending on how much liquidity is provided by token creator or the community.
Leave Decentralized exchange or not? to:
Read more #tokens posts
Best Posts From Mika
We have not curated any of mtl1979's posts yet. But you can encourage our curation team to review posts by visiting them regularly and by referring other readers. Because we give priority to frequently read content.
More Posts From Mika
- How to use MyHeritage Family Tree Builder without subscribing...
- PayPal launches its own stablecoin PYUSD... Is it safe or not?
- Design limitations of responsive websites
- April 1st, 2023 marks end of mainstream support of Ubuntu 18.04
- Understanding the Ethereum London Revised scam...
- How to use PancakeSwap for creating trading pair, swapping, buying and selling tokens - Part 2
- How to use PancakeSwap for creating trading pair, swapping, buying and selling tokens - Part 1
- How to combat abuse of token bridges...
- Finnish food and drink company recalls potato chips due to potential overdose...
- Why it is bad idea to let Ubuntu upgrade Python to 3.10...