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Liquidity

Why we need it?
Liquidity Pools are a game-changing innovation in Decentralized Finance (DeFi) that enables trading on Decentralized Exchanges (DEX) and provides liquidity via a collection of funds locked in a smart contract.
How it works?
Market makers facilitate trading by expressing a willingness to buy or sell a specific asset, thereby providing liquidity and allowing traders to trade without waiting for another buyer or seller to arrive. Excessive reliance on external market makers in DeFi may result in relatively slow and expensive transactions. That is something that Liquidity Pools can help with. AMMs (automated market makers) enable digital assets to be traded without permission and automatically by utilizing liquidity pools can instead of a traditional market of buyers and sellers.
Conclusion
Liquidity Pools eliminate the need for Centralized order books while significantly reducing the dependence on external market makers to provide constant liquidity supply to Decentralized exchanges. CODI's liquidity comes from both its own liquidity pools and the higher Serum order book shared by all Serum customers. For CODI traders, this implies higher liquidity and reduced slippage.
CODI liquidity is gained from liquidity pools and the Serum order book, which is shared by all Serum customers. This guarantee more liquidity and less slippage for CODI users.
If you trade or swap CODI, you will be charged 0.25% for the taker order and 0.25% percent for the maker order. 0.3 percent is redeposited into the liquidity pool as an incentive for liquidity sources. As an incentive for those who stake their CODI tokens, 0.2 percent of the CODI tokens are given to the staking pool.