How do you stake tokens on PancakeSwap?

After you transfer your funds to your Trust Wallet address, you will need to connect to the DEX from within it. You will find PancakeSwap under the “DApps” tab. After you open Trust Wallet, connect it to PancakeSwap to be able to see your BEP20 tokens on the PancakeSwap network and start trading or staking them.30 Ağu 2021

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What is LP token in PancakeSwap?

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 . Uniswap, Sushi and PancakeSwap are some examples of popular DEXs that distribute LP tokens to their liquidity providers.

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How do you calculate Pool tokens?

Most AMM and liquidity pool uses the constant product formula which is x * y = k . This is the formula that mathematically determines what the market price of the token in the pool should be. x and y represents the respective token balance of a pairing and k is a constant that will never change.

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