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RE: New DeFi market-maker protocol Balancer Labs to launch soon

in DeFi5 years ago (edited)

Hi
So does pooling your stable coins here provide liquidity for a Dex? This sounds like a decentralized solution to the inherent centralization of exchanges? Does this facilittate Peer to Peer trading?
Thanks, I am trying to understand the various rationales for this business model.

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Basically yes. You can either swap on Balancer, or use an aggregator like 1Inch which also routes trades through Balancer and other liquidity pools.