What is LP staking?

A liquidity pool provides the solution of ensuring a specific token has enough liquidity to enable buy and sell orders to be conducted. A liquidity pool contains two assets users can swap between with and with the price being determined by the ratio of the assets in the pool.

FOMO/ETH LP staking rewards equate to:

  • Staking FOMO/ETH LP in the 1-month pool: 15% APR

  • Staking FOMO/ETH LP in the 3-month pool: 18.9% APR

  • Staking FOMO/ETH LP in the 6 month pool: 32.4% APR

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