What are Liquidity Pools?

Dnft.Finance
1 min readDec 14, 2020

Liquidity pools are pools of tokens locked in a smart contract to facilitate liquidity. Usually the function of liquidity pools is to allow users/traders to trade their digital assets while earning returns on their asset mortgaging .

We are very glad to introduce you the DNFT/ETH liquidity pool on Uniswap. Now the tokens locked in pool are over 987k DNFT and 46 ETH. The Price Impact rate is only 2% if you are swaping 1ETH worth tokens.

In fact, when the pool has more tokens and pool gets bigger, the price impact rate will get lower. We are looking forward to receive more attention and hopefully the DNFT/ETH liquidity pool will get bigger and bigger!

Remember to use the correct ERC20 Token Address on dnft.io or on our Discord to locate DNFT token in Uniswap.

For more information, please refer to:

Official website: https://dnft.io

Discord:https://discord.gg/eqr4mbBxjJ

Twitter: https://twitter.com/DNFTofficial

Telegram:https://t.me/joinchat/ULbQcR3K2qujCH_QCggXaw

Thank you for your support

DNFT Team

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Dnft.Finance

DNFT is an innovative combination of DEFI and NFT with stable financing features