What is ERC-20 WAVES? The ERC-20 version of the WAVES token was created in October 2020 , with the launch of a gateway facilitating token transfers between the Waves and Ethereum networks. WAVES tokens that have been ported to Ethereum are locked in the Waves blockchain.
Read moreWhat does staking LP mean?
LP Staking is the process by which you transfer your tokens to blockchain maintenance in exchange for Rewards in the form of new tokens . In simple words — you “deposit” your tokens and receive Rewards on top of them.
Read moreWhy would you stake LP tokens?
The LP tokens become your claim to your share of the pool’s assets. Holding these LP tokens allows you total control over when you withdraw your share of the pool without interference from anyone — even the Balancer platform.
Read moreWhat is an LP coin?
Liquidity provider tokens or LP tokens are tokens issued to liquidity providers on a decentralized exchange (DEX) that run on an automated market maker (AMM) protocol .
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