🌊Liquidity Provider

Attractiveness of liquidity providers

Liquidity providers are rewarded for providing liquidity by staking the NFTs they have on hand.

liquidity pool

There can be multiple liquidity pools for the same collection

Example: CloneX has a liquidity pool created by Mr. A, a liquidity pool created by Mr. B, a liquidity pool created by Mr. C.... can exist as such.

staking

Liquidity providers can either set their own bonding curves for their NFTs and create liquidity pools, or they can stake their NFTs in one of the liquidity pools created by other users.

Distribution of liquidity fees

80% of the transaction fees made in that pool will be distributed according to the amount of NFTs staking within the pool of users providing liquidity to the same pool.