Add liquidity to receive Liquidity Provider (LP) tokens
In addition to trading tokens, users can also add liquidity to the Crodex itself by contributing equal amounts of two tokens (a token pair) to create liquidity provider (LP) tokens.
There are two main ways that Crodex users can earn rewards after adding liquidity:
When users create an LP token and hold it in their wallet, they start earning swap fees (Liquidity Mining). Every transaction that uses the liquidity combination provided by users takes a small fee, that is divided proportionally between all LP token holders.
Crodex users can also choose to stake their LP tokens in our "LP Stake Reward Pools" to earn $CRX rewards. LP tokens staked in Reward Pools continue to earn swap fees.
Done, you are now earning your share of Swap Fees generated by the Liquidity Pool!