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Liquidity Pool
You can provide liquidity to traders by adding tokens to the liquidity pool.
When you add tokens to the liquidity pool, you will receive liquidity pool tokens (LP).
For example, if you deposit WE and B into the liquidity pool, you will receive WE-BUSD LP tokens.
The number of LP tokens you receive represents your share in the WE-BUSD liquidity pool, and you can withdraw your money at any time by removing liquidity.
As a reward for providing liquidity, you will receive trade fees as a reward.
For example, whenever someone trades on Weleyswap, traders will pay a 0.3% fee, of which 0.1% will be injected into the liquidity pool of the trading pair they trade. The value of the pool rises, and so does your LP value.
In order to make your LP to gain more value in addition to trade fees, you can also invest LP tokens into Farm to increase liquidity mining yields, while still getting a 0.1% trade fee reward.
You can also use a special NFT item-meat, to feed WeleyGem and help you increase your LP's income.
You can also use a special NFT item-meat, to feed Weleys and help you increase your LP's income.
How to get meat NFT:
How to get meat
Weley Metaverse
How to use meat NFT:
How to use meat
Weley Metaverse
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