LP Stake
Earn CRX while supporting Crodex by staking LP Tokens
Last updated
Earn CRX while supporting Crodex by staking LP Tokens
Last updated
With Crodex LP Stake Reward Pools, users can stake liquidity provider (LP) tokens to boost earning power through $xCRX token rewards.
Crodex LP Stake Reward Pools are intended to reward users to supply liquidity for their favorite pairs. Users that create LP tokens and stake them in a Reward Pool will receive $xCRX utility tokens.
Liquidity is critical to a healthy ecosystem as a DeFi platform. With greater liquidity accessible to Crodex, more users will be able to trade hundreds of their favorite tokens at minimal costs. As a result, encouraging liquidity for popular trading pairs on Crodex is in everyone's best interests, since popular trading pairs need more liquidity and yield more swap fee rewards.
Check out the Liquidity section for more information on LP tokens and how to create them.
If you hold CRXILLION NFTs in your wallet, you will also see the "Deposit Boosters" tab. You can deposit CRXILLION boosters before depositing LP tokens to boost your rewards up to %6. Learn more↗
Done, you are now staking CRX-CRO LP tokens and earning CRX tokens!