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Liquidity
Add your token to a Liquidity Pool to receive Liquidity Provider (LP) tokens and share in the fees.
If you deposited ONUS and MIA into a Liquidity Pool, for example, you would receive MIA-ONUS LP tokens.
Your portion of the MIA-ONUS Liquidity Pool is represented by the number of LP tokens you receive.
You can also withdraw your liquidity at any time to redeem your funds.
When people use your liquidity pool, you receive a portion of their trading fees.
When a trader uses MiaSwap, they pay a 0.25% fee, of which 0.05% goes into the Liquidity Pool of the swap pair they traded on.
You can put your LP tokens to work with the Yield Farms while still earning your 0.05% trading fee reward, making being a liquidity provider even more worthwhile.
Providing liquidity is not without risk, as you may be exposed to impermanent loss.
Last modified 1yr ago