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how does the liquidity pool work in crypto uniswap and cake decentralized finance or defy has revolutionized the crypto industry before defy investors heavily relied on centralized exchanges and banks for trading and booking profits now there are many decentralized platforms for buying selling and parking crypto to generate passive income through yield farming hey guys welcome back to crypto animations the channel where we explain to our viewers about the different types of cryptocurrencies and everything new investors should know in todays video we will talk about what liquidity pools are how they work what they do and more so be sure to be attentive because you clearly dont want to miss out on an amazing opportunity to win a giveaway of a 25 crypto coin of your choice also if you are new to the channel be sure to subscribe to the channel and turn on post notifications by hitting the bell so you never miss any of our uploads now with the intro out of the way lets get into our topic