An automated market maker is a smart contract on Smart Chain that holds liquidity reserves. Users can trade against these reserves at prices determined by a fixed formula. Anyone may contribute liquidity to these smart contracts, earning pro-rata trading fees in return.
Smart contracts that are considered foundational and are essential for LOVELY V3 Swap to exist. Upgrading to a new version of core would require deploying an entirely new set of smart contracts on Smart Chain and would be considered a new version of the LOVELY V3 Swap Protocol.
The price between the available buy and sell prices. In V1 and V2 Dex, this is the ratio of the two BEP20 token reserves. In LOVELY V3 Swap, this is the ratio of the two BEP20 token reserves available within the current active tick.
A contract deployed by the V3 factory that pairs two BEP-20 assets. Different pools may have different fees despite containing the same token pair. Pools were previously called Pairs before the introduction of multiple fee options.