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In this YouTube video tutorial, the speaker discusses the challenges of keeping up with new DeFi projects, pointing out that many projects are unoriginal and reuse the same smart contracts. Understanding these contracts can help analyze new DeFi projects and identify patterns. The tutorial focuses on the three most important smart contracts in DeFi, including Uniswap V2, which is a key decentralized exchange on Ethereum. Each pair contract represents an automated market maker for specific markets, utilizing the constant product formula to determine prices. This formula is widely used in decentralized exchanges on Ethereum and other chains.
