Liquidity Q&A
What’s the difference between “V1” and “V2” in Liquidity?
In the V2 version, you can get BLP tokens after providing liquidity, which can be staked in Farms and xBURGER Pool to earn BURGER and other tokens.
How can I earn BURGER?
Users can earn BURGER in three ways currently:
Stake BURGER and vote in Governance to share BURGER in the governance proposal pools;
Add liquidity to Liquidity Pools of BURGER trading pairs in Liquidity;
Provide tokens to Lending Pools to earn interest, liquidation dividends, and mining rewards.
Stake xBURGER-BURGER BLP tokens to xBURGER Pool to earn xBURGER and BURGER.
Stake BLP tokens to Farms to earn BURGER and other tokens.
Through the third party such as Exchanges listed in Tokenomics and other cooperate project.
More features and collaborations will be launched soon, stay tuned...
What is the risk of providing liquidity to the fund pool?
Providing liquidity is not without risk, as you may be exposed to impermanent loss. “Simply put, impermanent loss is the difference between holding tokens in an AMM and holding them in your wallet.” - Nate Hindman
It’s not all bad for liquidity providers as you will also be given a reward in the form of trading fees. Whenever someone trades BurgerSwap, the trader pays a 0.3% fee, of which 60% is added to the liquidity pool of the swap pair they traded on.
To make being a liquidity provider even more worth your while, you can also put your BLP tokens to work whipping up some fresh yield on the Farms (here), while still earning your trading fee reward.
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