Liquidity Pools

When you add your token to a Liquidity Pool you will receive Liquidity Provider (LP) tokens and share in the fees.

LP Tokens

As an example, if you deposited USDT and BNB into a Liquidity Pool, you'd receive EGSwap-LP tokens.

The number of LP tokens you receive represents your portion of the USDT-BNB Liquidity Pool.

You can also redeem your funds at any time by removing your liquidity.

Providing liquidity gives you a reward in the form of swap fees when people use your liquidity pool.

Whenever someone swaps on EGSwap, they pay a 0.25% fee, of which 0.17% is added to the Liquidity Pool of the swap pair they traded on.

Providing liquidity is not without risk, as you may be exposed to impermanent loss.

Last updated 1 year ago