> For the complete documentation index, see [llms.txt](https://smolswap.gitbook.io/smolswap/llms.txt). Markdown versions of documentation pages are available by appending `.md` to page URLs; this page is available as [Markdown](https://smolswap.gitbook.io/smolswap/products/exchange/liquidity-pool.md).

# Liquidity Pools

You can provide liquidity by adding your token pairs to our liquidity pools. When you do so, you will receive Liquidity Pool (LP) tokens which can be viewed under the "Pool" tab. For example, if you deposit **SMOL** and **CRO** into a liquidity pool, you would receive **SMOL-CRO LP** tokens. The LP token received represents your portion of the SMOL-CRO liquidity pool.

You can remove liquidity at any time by redeeming your LP tokens.

![](https://554356263-files.gitbook.io/~/files/v0/b/gitbook-x-prod.appspot.com/o/spaces%2F-M_MHw8X2k_wINQY9ctO%2Fuploads%2FawKdB05by4V5b7GLp7OM%2FScreenshot%202021-11-11%20at%208.19.16%20PM.png?alt=media\&token=24a8d024-41c7-46dd-a1c0-b7f34d5bf9a3)

#### Risks

As a liquidity provider, your main risk is the exposure to impermanent loss. You can learn more [here](https://blog.bancor.network/beginners-guide-to-getting-rekt-by-impermanent-loss-7c9510cb2f22).

You are compensated for taking on this risk by earning SMOL token rewards when you stake your LP tokens in our [Farms](/smolswap/products/yield-farming.md)