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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.

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