Liquidity Pools

The liquidity pool allows you to provide liquidity by adding tokens to the liquidity pool.

When you add tokens to the liquidity pool, you will receive liquidity pool (LP) tokens.

For example, if you deposit CONE and USDT into the liquidity pool, you will receive CONE-USDT LP tokens.

The number of LP tokens you receive represents your share in the CONE-USDT liquidity pool.

You can also redeem funds at any time by removing liquid funds.

Providing liquidity is not without risk, because you may suffer unpaid losses.

Whenever someone trades CONE, the trader will pay a 0.2% fee.

for example:

• There are 10 LP tokens representing 10 CONE and 10 BNB tokens

• 1LP token=1CONE+1BNB

• Someone exchanged 10CONE for 10BNB

• Others exchange 10BNB for 10CONE

• The CONE/BNB liquidity pool now has 10.017CONE and 10.017BNB

• Each LP token is now worth 1.00017CONE+1.00017BNB

In order to get more value from being a liquidity fund provider, you can also invest LP tokens into the income farm to add some new income, while still receiving a 0.17% transaction fee reward.