Researching DEX tokens ~ where does initial liquidity come from?

I’m a content creator and trying to understand the process of launching a DEX and the dynamic around the DEX tokens themselves.

My question is what were the first set of liquidity pools on minswap? Was MIN/ADA the first pool? Who provided the liquidity for this? Was the ADA supplied by project catalyst funding?

Any help would be appreciated. I did reach out to the team directly to get some help and they did get back to me with detailed information so I definitely appreciate that!

1 Like

The MIN/ADA liquidity for the Minswap DEX was first added by the community in the Meteor Liquidity Bootstrapping Event, which is explained in this Medium article: