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samvox
@samvox
I realized that many friends do not have enough information about liquidity pools, I have guided you here and if you have any questions, ask When you lock tokens in a liquidity pool, you actually deposit two assets (e.g., Token X and Ethereum) into the pool. However, your profit and loss depend on several factors, especially impermanent loss, which can impact your final earnings. (1/...)
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Brandon Yoshizawa 🎩🔵💎
@bay-photography
Is there a payout for adding to a LP? So I put in 250k Degen and I get X Degen back periodically?
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samvox
@samvox
When you add liquidity to a pool, you earn revenue from the trading fees in that pool, which is around 0.3. Additionally, in this Degen pool, 1.5 million Degen tokens are distributed daily as rewards to liquidity providers, and you can claim them at any time.
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