#askonleo Currently reading the #leodex docs/leofinance blog, trying to figure out what are the incentives to provide liquidity in the LEO/CACAO pool.
This is what I found and it's still not quite clear to me, though I probably missed something, so I figured I ask. Am I getting anything for providing liquidity, other than the ecosystem as a whole benefiting from it?
by providing liquidity in LEO-CACAO, you'll earn an APR based on swap fees/volume in that pool. there's no set APR as it relies on volume. the earnings are compounded into your LP.
Thank you fer your continuous help and guidance. !BBH
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I do what I can
Awesome, thanks for a clear response. If I may suggest, these sentences could probably be added to the docs.
thanks for the feedback. noted!