What does it cost to create FaaS pools?
Asked 3 years ago
Farms-as-a-Service is possibly the most genius addition to the world of DeFi! I'm trying to find out as much information about it as I can. What does it cost to create FaaS pools?
Arnav Hodges
Tuesday, July 12, 2022
It costs nothing to create a FaaS pool. There is absolutely no fee charged for creating a pool apart from the regular gas fees of executing a blockchain transaction.
FaaS platforms, like Value DeFi, are on a mission of making DeFi accessible to everyone. These platforms enable project owners to effortlessly and cost-effectively set up smart contracts instead of spending too much time forking and re-using the related contracts.
With FaaS creation, crypto teams can now build their desired liquidity pools and token pairs. Besides, they can accompany their pools with flexible ratios, reasonable fees, and token minter approvals with few clicks.
For example, you can create a liquidity pool with USDT/New token 58/42 ratio with a 0.72 swap fee with a coin minting feature per block like Sushiswap.
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