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Issue-#956: Update liquidity pool description

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Akshay 2022-04-26 16:52:15 +02:00
parent 918bb00897
commit d6665f15d7

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@ -22,7 +22,7 @@ The publisher creates an Automated Market Maker(AMM) pool of Datatoken and Ocean
AMM uses a constant product formula to price tokens, which states: **x * y = k**
where **x** and **y** represents the quantity of the two different tokens in the pool and **k** is a constant.
A *liquidity pool* is a reserve of tokens locked in the smart contract for market making. A buyer or a seller of an asset exchanges tokens **x** for tokens **y** or vice versa. AMM calculates the exchange ratio between the tokens based on the mathematical formula above.
A *liquidity pool* is a reserve of tokens locked in the smart contract for market making. A buyer or a seller of an asset exchanges token **x** for token **y** or vice versa. AMM calculates the exchange ratio between the tokens based on the mathematical formula above.
Ocean Protocol facilitates the creation of Datatoken/OCEAN liquidity pool with Balancer smart contracts.