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Podcast: Software Engineering Daily
Episode: Uniswap: Creating Liquidity in DeFi with Noah Zinsmeister
Description: A liquid market enables individuals or groups to quickly buy and sell assets. Decentralized platforms can struggle to execute trades when their platform does not have much liquidity for a specific token. Newer tokens or tokens with limited supply are most often the least liquid because there might be an imbalance of buyers and sellers. You can’t sell token A for price X without a consenting buyer on the other end.The company Uniswap is a decentralized protocol for creating liquidity and trading ERC-20 tokens on Ethereum. Uniswap encourages users to be “liquidity providers” whereby they pool t...