Pair

Pool is the place for the exchange of a NFT-FT asset pair. The asset balance of the Pair is (0,0) when it is initially created. Initial liquidity is required before any exchange happens in the pair. The first LP to provide liquidity is the one who sets the initial price. The rules for the exchange between the two assets are written in the Pool with smart contracts.

In Midaswap, each NFT collection can have trading pairs with any other ERC20 assets such as ETH/WETH/Stablecoin.