Baryon
  • 👋Baryon Network
  • Product
    • BaryonSwap
      • How to Swap
    • BaryonFarm
      • How to Add Liquidity
      • How to Remove Liquidity
      • How to Farm
      • How to Claim the reward
    • BaryonStake
      • How to Stake
      • How to Unstake
      • How to Harvest
    • Baryon Snapshot
      • How to use Baryon Snapshot
    • FAQs
      • Is Baryon safe? Has Baryon been audited?
      • Why did my transaction fail?
      • What is the difference between APY and APR?
      • How to resolve the "No wallet" error when connecting wallet to Baryon Network
      • What are liquidity provider tokens?
      • When will you open more pools?
      • What wallets can I use with Baryon? How do I connect my wallet to Baryon?
      • My LP tokens aren’t showing up on the site or in my wallet?
      • Can I use Baryon on my phone?
      • What is price impact?
      • What is slippage tolerance? How can I adjust it when swapping?
      • Are there any fees associated with the BaryonFarm?
      • What fees do I pay when I exchange tokens?
      • How to calculate and distribute the reward on BaryonFarm?
      • Can I withdraw my liquidity anytime?
      • Where can I check Baryon Analytics?
      • I can't find an answer for my question. Where do I find an answer?
      • How could I report a bug?
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What are liquidity provider tokens?

Liquidity provider tokens are proof that you have a stake in the liquidity pool in which you have invested your crypto assets. When you wish to sell your tokens, you'll need these tokens to redeem your assets, however, you may use particular LP tokens to farm/stake until then.

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Last updated 1 year ago