Liquidity Pools

Question 1

Main ways uniswap differs from a traditional exchange (I’m assuming they mean coinbase)

Answer 1

Uses/is an AMM rather than an order book

Is permissionless

https://docs.uniswap.org//protocol/introduction

Question 2

List 3 different liquidity pool protocols

Answer 2

Uniswap, curve, balancer

Question 3

Uniswap (and I assume other defi Lp protocols) obviates the need for

Answer 3

For buyers and sellers to create demand