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