LP tokens represent a crypto liquidity provider’s share of a pool, and the crypto liquidity provider remains entirely in control of the token . For example, if you contribute $10 USD worth of assets to a Balancer pool that has a total worth of $100, you would receive 10% of that pool’s LP tokens.
Read moreHow does raydium liquidity pools work?
Liquidity pool explanation: These tokens represent a proportional share of the pooled assets, allowing a user to reclaim their funds at any point . Every time a user swaps between $RAY and $USDC, a 0.25% fee is taken on the trade. 0.22% of that trade goes back to the LP pool.
Read moreHow does raydium staking work?
Enter the amount of tokens you wish to stake, then click ‘Stake’ and then approve the transaction . 3. You should now see the balance of your staked tokens, as well as your pending rewards. If you want to unstake, simply click ‘Unstake’.
Read moreIs raydium safe to use?
It’s an Automated Market Maker (AMM) that is built on Solana Blockchain. This article will give a complete review of the Raydium, its token, features, and benefits. You will realize that the Raydium is legit and not a scam .
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