STAKING POOLS FOR SINGLE TOKEN LPs
Staking pools are a way that makes LP stick to their position for long, usually, they provide an LP token that tracebacks to their liquidity position consisting of both the tokens. But in YNOT you can only be holding a single token LP and still be providing liquidity. As the platform is designed in a way that any liquidity provider can close his entire position and take his liquidity back only when he has both the LP tokens if the user has a single LP token he has to go through a different exit process where his order gets filled by other users. This makes it possible to provide Staking pools for single token LPs
Last modified 1yr ago