LP (Liquidity Providing)
LP (Liquidity Providing) is the process of providing liquidity to a Uniswap pool. A user deposits both tokens in the pair (8LNDS and USDC) in equal USD values and receives a share of the pool's trading fees (0.3% of every trade on Uniswap V2) proportional to their contribution. Liquidity can be withdrawn at any time, together with any fees earned. The main risk is impermanent loss.
LP (Liquidity Providing) is the process of providing liquidity to a Uniswap pool. A user deposits both tokens in the pair (8LNDS and USDC) in equal USD values and receives a share of the pool's trading fees (0.3% of every trade on Uniswap V2) proportional to their contribution. Liquidity can be withdrawn at any time, together with any fees earned. The main risk is impermanent loss.