mainfarm
Cross SwapFuturesLiquidityFarms
English
English
  • ✅About us
  • 🥇Earn with Mainfarm
  • 🎯Earning strategy
    • Profit diversification
  • 📜Roadmap
  • 🤝Partnership
  • 🌍Community
  • 👍Team
  • 🏵️Brand
  • 🧩Advertising & Promo
  • Products
    • ♻️Cross-Chain Swap
      • ⏰Limit Order
      • 🔒Control of Your Wallet
      • Supported Chains
      • DEX's and On-Chain Swaps
      • Cross-Chain Providers
      • Integrated Bridges
      • 🔔FAQ
        • How to use Mainfarm Cross Swap?
        • How does it work?
        • Who can use our service?
        • What are the minimum and maximum transaction sizes?
        • How long does it take to complete the transaction?
        • Why do we need different DEX providers?
        • Why choose between different DEX providers?
        • Error “Trading is not available".
        • Error “Insufficient balance".
        • Error “Price Impact too High“
        • Transaction status “Dropped & Replaced“
        • Transaction status “Expired“
        • Error “Warning! Error encountered during contract execution [Out of gas]“
        • The "Pending" status not change for a long time in a Multi-chain transaction.
        • Error "Method execution error: Internal JSON-RPC error".
    • 👛Perpetual trading
      • Terms and definitions
    • 💰Liquidity Pool
      • How to replenish the liquidity pool?
    • 🚜Farms
      • How to Use Farms
    • 🪙Staking Pool
    • 💵Fiat providers
    • 🏆OTC trading
  • Partner programs
    • 🎬Video review
    • 🖥️Video manual
    • 🖨️Advertising partner
  • Tokenomics
    • ⚙️MAF Tokenomics
    • 💎MAF Economics
  • security
    • 💾Contracts
    • 💼Audit
Powered by GitBook
On this page
  • Liquidity pools
  • LP Tokens
  • Replenishment of the liquidity pool
PreviousTerms and definitionsNextHow to replenish the liquidity pool?

Last updated 1 year ago

Liquidity pools

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.

LP Tokens

  • 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.

Replenishment of the liquidity pool

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.