LP is the assurance token that proves that you invested in the smart contract of the corresponding liquidity pool. You can stake your LP tokens to get extra profit in WX token , to do so, open Waves. Exchange app, login to your account and navigate to the Pools tab. Select a pool from the list and click on it.
Read moreCan you stake Uniswap tokens?
Staking Uniswap is unlike any other form of cryptocurrency staking as you can make a passive income from your ERC-20 tokens by placing them in liquidity pools with Uniswap . To take part in Uniswap liquidity staking, you need ETH and an ERC-20 secure wallet.
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