PancakeSwap

Uniswap

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 New developments in the decentralized finance (DeFi) market are leading to significant expansion in the cryptocurrency market, and the DeFi sector itself has long been regarded as a new stage in the development of the financial industry. The transition from centralized finance to DeFi allows financial operations to be conducted without intermediaries and centralized control, which is why more users are preferring decentralized financial management. 
 One of the notable achievements in the DeFi sector is liquidity protocols, which have become the foundation for numerous financial solutions on the blockchain. These protocols enable participants to exchange, borrow, and provide liquidity for various assets, bypassing traditional intermediaries. Automated markets utilizing smart contracts make trading and exchange processes more efficient and transparent. 
 Uniswap, SushiSwap, and PancakeSwap are among the most popular liquidity protocols in the DeFi ecosystem, offering secure and efficient token exchange and participation in liquidity provision for various assets. These protocols attract millions of users and billions of dollars. Uniswap alone has surpassed $150 billion in trading volume, with over 1 million daily transactions. Its forks represent about a third of that trading volume, with each having over half a million users. We can only anticipate further growth in their volume, user base, and popularity. 
 However, among the most promising projects in the DeFi sector utilizing liquidity protocols, special attention should be given to the&nbsp;<a href="https://quidi.finance/" rel="noopener noreferrer nofollow">Quidi</a>&nbsp;project. 
 Here’s what its founder, Toomas Lepp, has to say about the project: 
 “Quidi is an innovative technology that eliminates barriers to cryptocurrency trading. With Quidi, you can quickly and easily trade cryptocurrencies without the problems of insufficient liquidity. We use innovative algorithms to offer the best market price and ensure high profitability for our users.” 
 But let’s delve into more detail. Quidi is an innovative protocol based on the peer-to-pool AMM model, offering a new approach to asset trading and exchange. Unlike traditional exchange relationships, the Quidi protocol automatically provides concentrated liquidity through options hedging. By implementing an automated options trading mechanism with hedging, the protocol reduces risks, safeguards investments, and compensates for potential losses. This enables users to participate in financial operations with greater safety and efficiency, ensuring stability and asset protection. 
 It’s worth noting that the platform’s primary utility token is QUI, serving as the fuel for the protocol, enabling participation in trades and achieving success. Recently, the Quidi team announced the launch of another token, LQI. It will operate on a deflationary model and undergo listings on exchanges, becoming available for purchase soon. The upcoming LQI token will serve as a pass to the DAO and provide users with access to various additional protocol mechanics. 
 Quidi has been under development for over a year and has undergone comprehensive beta testing with users from around the world. Although the project was only launched in May of this year, it has already achieved significant results. 
 The future of the Quidi project promises to be highly ambitious, and its success could lead to new milestones in the DeFi sector.
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Quidi: New perspectives in the DeFi sector and how concentrated liquidity pools are Connected to it.

Crypto Intelligence

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