« Back to Glossary Index

A Liquidity Bootstrapping Pool (LBP) is usually a contract managing a core pool that contains tokens to be used on a crypto exchange. These are also known as the smart pools or right pools. Unlike the other shared pools, the controllers of the smart pools possess the power to alter the specifications of a pool but in limited ways. Thus, it is less trusted than a shared pool, however, it does not require the complete trust of a private pool.

« Back to Glossary Index

Check Also


7 Best VPN For Streaming: Enjoy Your Shows From Anywhere

Isn’t it frustrating when you just want to kick back and watch your favorite shows …