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Liquidity Pools
When you add your token to a Liquidity Pool you will receive Liquidity Provider (LP) tokens and share in the fees.

LP Tokens

As an example, if you deposited CORIS and BNB into a Liquidity Pool, you'd receive CORIS-BNB LP tokens.
The number of LP tokens you receive represents your portion of the CORIS-BNB Liquidity Pool.
You can also redeem your funds at any time by removing your liquidity.

Liquidity Providers earn trading fees

Providing liquidity gives you a reward in the form of trading fees when people use your liquidity pool.
Whenever someone trades on CorgiSwap, the trader pays a 0.25% fee, of which 0.17% is added to the Liquidity Pool of the swap pair they traded on.
For example:
  • There are 10 LP tokens representing 10 CORIS and 10 BNB tokens.
  • 1 LP token = 1 CORIS + 1 BNB
  • Someone trades 10 CORIS for 10 BNB.
  • Someone else trades 10 BNB for 10 CORIS.
  • The CORIS/BNB liquidity pool now has 10.017 CORIS and 10.017 BNB.
  • Each LP token is now worth 1.00017 CORIS + 1.00017 BNB.
To make being a liquidity provider even more worth your while, you can also put your LP tokens to work whipping up some fresh yield on the CORIS Farms, while still earning your 0.17% trading fee reward.

Impermanent Loss

Providing liquidity is not without risk, as you may be exposed to impermanent loss.
โ€œSimply put, impermanent loss is the difference between holding tokens in an AMM and holding them in your wallet.โ€ - Nate Hindman
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LP Tokens
Liquidity Providers earn trading fees
Impermanent Loss