A trustless pool is a mechanism that enables users to interact and transact without needing to rely on a third party or intermediary for trust. This is achieved using blockchain technology, which ensures that all transactions are transparent, verifiable, and immutable.In a trustless pool, participants can deposit assets or funds into a shared pool, where smart contracts manage operations such as trading or liquidity provision. These smart contracts execute predefined rules automatically, ensuring that the process is secure and efficient.By eliminating the need to trust a central authority, users maintain control over their assets. They can confidently engage in transactions, knowing that the system’s design and underlying technology will safeguard their interests. Trustless pools foster decentralization, enabling participants to engage with one another directly, while enhancing security and reliability in financial interactions.
DeFi Dev Corp. Acquires Additional 86,000 SOL in $9.6 Million Purchase
DeFi Development Corp. has acquired 86,307 Solana (SOL) tokens at an average price of $110.91 each, increasing its total SOL