Liquidity Pools
Last updated
Last updated
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.
As a liquidity provider, your main risk is the exposure to impermanent loss. You can learn more here.
You are compensated for taking on this risk by earning SMOL token rewards when you stake your LP tokens in our Farms