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Liquidity Pool Staking

Overview

LP Staking is the process by which you add your tokens to the exchange pool for other users to trade with and for doing this you earn a fee from each trade based on how many shares of the exchange pool you own. In simple words — you “stake” your tokens and earn fees for providing liquidity.
On Unit Network, liquidity providers (LP Stakers) receive up to 0.5% in USDU of every trade for pools they have staked in.

How to Stake

Unit Network currently supports LP Staking of all token pairs.
1. Click the Explore tab and search for a token you want to stake
2. Click Exchange
3. Click Stake
4. Add the amount you want to stake in USDU and an equivalent amount in the token you selected in 1 to 1 ratio.
For example, if you would like to stake 100 UNIT at the $1 price, you will have to add 439.23 USDU in addition to 100 UNIT to the pool. If you don't have enough USDU in your wallet, you can top up your balance here, using any of the Blue Chips.
5. Click Stake
6. Receive shares of the pool, so when exchange fees are made, you receive a % based on your shares of the pool.
0.5% of staking rewards are redistributed to the liquidity pool, and LPs receive rewards based on the shareholding % in the pool. In order to realise the rewards, LPs will have to unstake the tokens.

How to Unstake

1. Click the Explore tab and search for a token you want to unstake
2. Click Exchange
3. Click Unstake
4. Enter the amount you would like to unstake
5. Click Confirm
6. Unstaked tokens will appear in your Wallet with realised reward