LP Provision
Understanding LP:
Uniswap pairs manage liquidity pools with two tokens in reserves.
Liquidity Providers (LPs) deposit equivalent values of each token to earn pool tokens.
Pool tokens represent pro-rata LP shares and can be redeemed for underlying assets at any time.
Automated Market Makers (AMM):
Pairs act as AMMs, accepting one token for another using the "constant product" formula (x * y = k).
This formula ensures the product (k) of reserve balances remains unchanged during trades.
Larger trades execute at exponentially worse rates, creating market efficiency.
Introducing LP Farming:
Enhancing liquidity and trading options with the introduction of LP farming.
Users can earn $NBET token rewards by providing liquidity to designated pairs.
Rewards Structure:
Utilizing a portion of the locked supply on UniCrypt, dedicated to community long-term benefits.
Rewards for LP farmers who stake their tokens on Nodebet.app.
Specifics of the reward structure and additional details to be announced in upcoming updates.
Join us for a seamless blend of liquidity provision and token rewards. Stay tuned for exciting updates on reward structures and more opportunities to grow with us!
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