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Liquidity pool
PandaSwap allow you to provide liquidity by adding your tokens to liquidity pools or “LPs”.
When you add your token to a liquidity pool (LP), you will receive PNDLP tokens (PandaSwap’s version of liquidity provider tokens).
As an example, if you deposited $PND and $OKT into a liquidity pool, you would receive PND-OKT PNDLP tokens.
The number of PNDLP tokens you receive represents your portion of the PND-OKT liquidity pool. You can also redeem your funds at any time by removing your liquidity.
Providing liquidity is not without risk, as you may be exposed to impermanent loss.
Last modified 6mo ago
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