#  Reviewing  DEGEN Ecosystem, Pools

*Providing liquidity in Degen chain helps it grow. We stake our Degens.*

By [Rezo](https://paragraph.com/@rezo) · 2024-04-05

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We can examine the upcoming market and its trends by looking at its liquidity and creating liquidity within it. However, creating liquidity on the L3 of degen chain is not a good idea!

Creating liquidity in a blockchain network can have positive effects on the network. With increased liquidity, the level of transactions and economic activities in the network increases, which can help the network grow and develop. Moreover, with more liquidity, it becomes easier to create new use cases and attract new users to network. However, if liquidity is increased in an unstable and unsupported manner, it can lead to market volatility and instability, as well as a decrease in user trust in Chain.

![](https://storage.googleapis.com/papyrus_images/807859a939b7cf5d99f0c4a145b9b2e8.jpg)

### [DegenSwap](https://www.swapdegen.tips/)

DegenSwap is a platform built on Degen that also has its native token. This platform operates in the field of swapping tokens deployed on Degen, creating **liquidity** pools, and staking tokens.

![](https://storage.googleapis.com/papyrus_images/7b6ab8d06fbde82662d72c1cdb57e6c3.jpg)

Pool's DegenSwap

### [Frogswap](https://frogswap.xyz/)

FrogSwap is a yield farming ecosystem that builds on top of the solid foundations of Degen Chain. Earn $FROG through **yield** farming, staking, and more!

![](https://storage.googleapis.com/papyrus_images/c09c1c723890ecd09e8de9e9729d3362.jpg)

UI's Frogswap

You can do almost all activities related to defi on Degen chain through these two platforms and meet your needs. But always remember not to **FOMO**! (Note: "FOMO" is a term in the cryptocurrency world that stands for "fear of missing out.")

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*Originally published on [Rezo](https://paragraph.com/@rezo/poolsdegenchain)*