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By providing liquidity to a particular token, the user receives a reward in the form of trading commissions.
The liquidity pool brings profit to the user in the form of a commission of 0.17% from trading in this pair of tokens.
The Mainfarm platform uses Pancakeswap v2. liquidity pools Liquidity pools opened on the Mainfarm platform are available in the Pancakeswap platform interface and vice versa.
After the user provides tokens to the liquidity pool, the user receives LP liquidity tokens to his wallet.
LP tokens are a "receipt" of the user's ownership share in the general liquidity pool.
To return their liquidity, the user must provide their LP tokens to the liquidity pool.
Without LP tokens, the user loses access to their liquidity.
Suppose a user has deposited MAF and BNB into a liquidity pool. The user receives MAF-BNB LP tokens to his wallet.
The number of LP tokens received represents a share in the MAF-BNB Liquidity Pool. When adding liquidity, it is necessary to have a sufficient amount of each token.
The addition of tokens should be 50:50 in dollar equivalent. Withdrawal of liquidity is possible at any time.
LP tokens can be used to receive reward tokens on "farms".
When using LP tokens in farms, the user still receives a reward in the amount of 0.17% of the trading commission in his liquidity pool.