KLAYswap
Search…
Pair Deposit

Providing Liquidity and LP Token

Users can deposit assets in any type of pools they favor, and we call these ecosystem participants Liquidity Providers (LP). Providing liquidity to the pool will result in the receipt of Liquidity Pool (LP) Token as evidence, and the number of LP Token received represents my share(%) in the entire pool. If you withdraw all your assets from the pool, the LP Token will be automatically returned, and the user can receive the following rewards from the pool through the proof of LP Token during the asset deposit period.
  • KSP distribution rewards If the user supplies liquidity to the KSP rewards pool, users can receive KSP mining rewards according to their LP stake(%) in the pool. (The daily distribution quantity per KSP rewards pool is determined by pool vote)
  • Transaction fee rewards If the user supplies liquidity to the general pool, users can receive the transaction fee according to their LP stake(%) in the pool. Transaction fees are accumulated in the pool and, in case of withdrawal, the total amount withdrawal includes transaction fee rewards, and the process depends on the exchange ratio at the time of withdrawal. (50% of the transaction fee incurred)
  • Token Airdrop rewards If the user supplies liquidity to the pool in progress of the Airdrop, the Airdrop token will be distributed according to their LP share(%)
Copy link