Mar 2
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Welcome to Episode 3 of the DeFi Mastery Course — today we break down the entire concept of DEXs (Decentralized Exchanges) including Uniswap, Balancer, and Curve. In this video, you’ll learn: ✔ What is a DEX? ✔ How Automated Market Makers (AMMs) work ✔ What are liquidity pools? ✔ Uniswap, Curve and Balancer explained ✔ Constant product formula (x*y=k) in simple words ✔ What is impermanent loss? ✔ How swaps actually happen ✔ Risks & how to avoid them This is the foundation of decentralized trading — and it’s easier than you think. --- #DeFi #Uniswap #Crypto #Blockchain #DEX