Aave exchange
The Aave Exchange Protocol allows users to access liquidity across a variety of assets through a multi-pool decentralised liquidity model. The new AMM Liquidity Pool enables the liquidity providers ("LPs") of Uniswap and Balancer to use their LP tokens as collateral in the Aave Protocol.
Since the rise of Uniswap in 2018 and the emergence of "Automated Market Makers" (AMMs) in the DeFi ecosystem in 2018, Ethereum users no longer need centralised third-party intermediaries to carry out asset swaps. Users have the choice to assist in the provision of liquidity in exchange for payment.
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