Etherlite Exchange
  • 📈What is ELX?
  • GUIDES
    • How to Add Etherlite Mainnet to MetaMask
    • How to Add Custom Token to Metamask
    • How to Add Liquidity
    • How to Mine Liquidity
  • Terminology
  • FAQ
  • ELX Premium
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Terminology

Liquidity Pool (LP): Total amount of currency supplied to trade between 2 particular token pairs.

LP Token: What you get by providing liquidity to pool which shows you're eligible to get your cut on collected fees on token transfers.

Liquidity Mining: A way to reward LP Token holders just by holding them, with native currency of our Exchange.

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Last updated 3 years ago

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