Liquidity Pools
Last updated
Last updated
StarkDeFi LP Overview
Liquidity is an important part of StarkDefi's DEX because it makes it possible to trade one token for another without using orderbooks. Starkdefi has made it easy to participate in its liquidity program. Any Starknet user can add and remove liquidity from any pair of tokens on StarkDefi.
In exchange for this service, they will get trading fees for the relevant trading pair and LP tokens, which can also be gambled for more rewards.
Liquidity providers are rewarded with trading fees when their liquidity pools are used. StarkDeFi charges 0.30% of the originally deposited amount for token swaps, of which ~67% (or 0.20%) is paid to liquidity providers.
