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How to Generate LP Tokens
🚜💎⛏ Before using ZoomSwap Farms, you must first provide liquidity to get LP tokens.If you don't know how to get LP tokens, please kindly check "Trading Guide".
Zoomswap landed on IoTeX, and access to the head DEX, mimo, as the exchange.You can get LP tokens by these way:
1. Form trading pairs in mimo or check your existing LP information
2. Form new trading pair in zoomswap Exchange and generate LP tokens
ZoomSwap provides the feature, Farm, that you can earn more on it.
There are risks associated with providing liquidity that differ from holding the assets in your wallet and not providing liquidity. This concept is called impermanent loss and you can reference further reading material here.
Last modified 2yr ago